$5 Cardano Price Rocket En Route as ADA and Bitcoin Cross-Chain Functionality Gains Steam
Cardano (ADA) continues to take center stage as the first blockchain platform anchored on peer-reviewed research.
As a result, Cardanos positive crowd sentiment is going through the roof.
According to Cardanians, Cardano ADA has the best community sentiment out of the TOP 10, according to CoinMarketCap. Currently, its at 89% bullish with over 950k votes.
Cardanos strong community is based on the networks strong emphasis on complete self-governance and decentralization.
Therefore, positive crowd sentiment signals heightened optimism from traders and investors about an asset.
Bitcoin and Cardano Cross-Chain Functionality Surfaces
Since cross-chain functionality is instrumental in scalability, flexibility, and interoperability in blockchain, Bitcoin and Cardano have set the ball rolling.
This is based on the fact that ADA is in high gear to combine Hydra with the Bitcoin Lightning network, as pointed out by Cardano Founder Charles Hoskinson.
Mintern, the Chief Meme Officer at Minswap, acknowledged, Charles just revealed that Cardano is integrating Hydra with Bitcoins Lightning Network to create a trustless, recursive bridge between them, enabling seamless cross-chain functionality.
If this is implemented, it will mark a notable milestone in blockchains scalability and interoperability.
Meanwhile, long-term conviction continues to run deep in the Cardano ecosystem, given that more than 70% of ADA holders have held their position for more than a year.
Furthermore, popular crypto influencer Alex Becker recently opined that Cardano could surge to between $4 and $5 as fast as hell.
Text source: ZyCrypto
