Bitcoin (BTC) Could Be Integrated With Cardano (ADA) Network, Opening the Door for a Price Breakout

Cardano (ADA) could be on track for a price breakout as the network prepares for a major integration with Bitcoin. The project, often labeled a “ghost chain,” is aiming to prove its critics wrong

Cardano (ADA) could be setting up for a massive price breakout as its network prepares to integrate with Bitcoin.

The project, often labeled a “ghost chain,” is aiming to prove its critics wrong with a move that could shake up decentralized finance.

Essentially, Bitcoin holders will be able to earn passive income using Cardano’s smart contract technology. This could push ADA toward its all-time high of $3 in this market cycle.

The integration will be made possible through BitcoinOS, a system that connects Bitcoin to other blockchain networks. This will allow Bitcoin holders to earn yields without relying on middlemen, which has been a challenge in the past.

Linda, a member of Minswap, a Cardano-based decentralized exchange, called this a major leap forward for crypto. In a recent X (formerly Twitter) video, she said:

“Bitcoin and Cardano are integrating in a way that brings us closer than ever to true interoperability.”

This means that Bitcoin users will soon be able to use their coins in Cardano’s DeFi apps and earn extra income. In the past, platforms like Celsius tried this, but many failed and lost users’ funds. Cardano’s plan is different.

It uses zero-knowledge cryptography, or ZK proofs, to confirm transactions without needing a third party. These ZK smart contracts are designed to do one simple job: check if a transaction is valid. They cannot be changed or hacked unless there’s a major attack on the network.

If this works, it could bring billions of dollars worth of Bitcoin to the Cardano blockchain. Right now, Cardano has about $330 million in total value locked (TVL). A large inflow of Bitcoin could boost that number and possibly lift the ADA price with it.

On the charts, ADA is showing a strong bullish setup. A falling wedge pattern has formed on the weekly chart, as seen between December and now, which suggests a possible breakout could happen soon.

There are also signs of an Elliott Wave pattern forming, with ADA entering its third phase, which is typically the longest and most powerful. If this plays out, the price could first reach $2, then pull back, and later surge to $3.

However, this bullish case would be off the table if ADA drops below $0.311. This level was last seen in November and is tied to a trendline that has held since January 23.

Right now, ADA is trading at $0.6111, a 1.9% increase in the past 24 hours, with a market cap of over $21 billion, and a 13% drop in trading volume to $593 million, according to CoinMarketCap.

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