Skip to content
Crypto News Focus logo CNF_CRYPTO_NEWS_FOCUS_LOGO 8

Crypto News Focus

your day to day crypto news site

Primary Menu
  • Home
  • News
    • Bitcoin News
    • Ripple XRP news
    • Ethereum News
    • Cardano News
    • Shiba Inu News
    • Pi Network News
    • More
  • Analysis
  • PR Desk
  • About Us
  • General Policy & Privacy
  • Guides
    • Bitcoin Guides
    • Pi Network Guide
    • Cardano Guide
  • Politics
  • Tech
  • Home
  • News
  • Cardano (ADA) Soars 9% After Charles Hoskinson’s World Mobile Partnership
  • News

Cardano (ADA) Soars 9% After Charles Hoskinson’s World Mobile Partnership

Dennis Gatheca 29 June 2024
Cardano
  • The price of Cardano’s ADA surged by 9% following Charles Hoskinson’s announcement of a strategic partnership with World Mobile, aimed at enhancing global connectivity.
  • This collaboration highlights Cardano’s growing influence in blockchain technology and its expanding ecosystem of partnerships.

Cardano (ADA) has seen a remarkable 9% increase in trading volume in the past 24 hours, sparked by the announcement of a strategic partnership with World Mobile. This partnership, unveiled by Cardano founder Charles Hoskinson, promises to integrate World Mobile into Cardano’s partnerchains framework, aiming to connect billions of currently unconnected individuals globally.

The Rise of Cardano and World Mobile Partnership

Charles Hoskinson highlighted the significance of this collaboration, emphasizing that World Mobile’s integration into Cardano’s infrastructure marks a significant step towards creating the world’s most advanced and efficient ISP. This partnership underscores Cardano’s commitment to leveraging its secure infrastructure to support innovative projects like World Mobile, which seeks to enhance global connectivity.

World Mobile is the world leader in decentralized infrastructure, and we are very excited to see their technology integrate Cardano's partnerchains framework to connect the billions of unconnected throughout the world, including Gillette, Wyoming.

This initiative has always been… https://t.co/vAod6PptHX

— Charles Hoskinson (@IOHK_Charles) June 28, 2024

Addressing Concerns and Expanding Capabilities

Initially met with some concerns, particularly regarding partnerchains, Hoskinson clarified that these are pivotal to Cardano’s ecosystem, offering flexibility for diverse projects. The integration of Inter-Blockchain Communication Protocol (IBC) Sidechain capabilities further enhances Cardano’s ability to facilitate secure transactions and data exchanges across various blockchain networks.

Impact on ADA Trading and Market Sentiment

Following the announcement, ADA’s trading volume surged to $294,455,416, reflecting a 9.36% increase, with ADA’s price rising by 2.36% to $0.3868. This uptick in activity signals growing investor confidence and market optimism surrounding Cardano’s expanding ecosystem and strategic partnerships.

Cardano’s Ecosystem Growth

Beyond World Mobile, Cardano has been actively expanding its partnership portfolio. Recently, it secured a significant collaboration with the Argentine government, underscoring its role in fostering blockchain adoption on a global scale. These developments position Cardano as a leader in third-generation blockchains, emphasizing interoperability and scalable infrastructure.

Cardano’s recent surge in trading volume and market value following its partnership with World Mobile demonstrates its robust growth trajectory and strategic vision under Charles Hoskinson’s leadership. As Cardano continues to forge alliances and expand its capabilities, it remains a pivotal player in the evolving blockchain landscape.

Continue Reading

Previous: Terra Luna Classic (LUNC) Alleges Karak Network Co-Founder Stole $8M in USTC
Next: Terra Luna Classic (LUNC): Community Braces for Binance’s Major Token Burn

Related Stories

Monero XMR Highlight_simple_compose
  • Analysis

Monero XMR Is Heating Up Aiming $500 Now After Bullish Surge

Simon Njenga 3 June 2025
shiba inu
  • Analysis

Shiba Inu’s Massive Token Burn Sparks Hopes for 500% Price Rally

Jane Kariuki 3 June 2025
dogecoin on marbles
  • Analysis

Dogecoin Under $0.25: Smart Buy or Risky Bet?

Dennis Gatheca 3 June 2025

For general inquiries, please email us at Info@cryptonewsfocus.com

Crypto news focus is your day-to-day crypto news site. Get all the latest News and trends in the crypto, blockchain, and DeFi space. For more info and inquiries, reach out via email at info@cryptonewsfocus.com

You may have missed

Monero XMR Highlight_simple_compose
  • Analysis

Monero XMR Is Heating Up Aiming $500 Now After Bullish Surge

Simon Njenga 3 June 2025
shiba inu
  • Analysis

Shiba Inu’s Massive Token Burn Sparks Hopes for 500% Price Rally

Jane Kariuki 3 June 2025
dogecoin on marbles
  • Analysis

Dogecoin Under $0.25: Smart Buy or Risky Bet?

Dennis Gatheca 3 June 2025
Litecoin coins
  • Guide

How to Keep Your Litecoin Secure with Simple Safety Tips

Jane Kariuki 3 June 2025

Social Media

Crypto News Focus © All rights reserved | MoreNews by AF themes.
Go to mobile version
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok