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Cryptocurrency News Articles
Cardano’s Founder Hints at XRP Partnership – What It Means for ADA
Apr 11, 2025 at 03:25 am
The Cardano price is trading around $0.59 after yesterday's rally following a 90-day tariff break was stopped today.
The Cardano price trades around $0.59 after yesterday’s rally following the 90-day tariff break was stopped today.
Most altcoins actually retraced from local highs and ADA was no exception after dipping from $0.64 to $0.59 today.
However, popular YouTube channel ‘Discover Crypto’ that has over 1.4 million subscribers released a viral video about Cardano that could be very positive for ADA holders.
ADA’s Decline and Potential Ripple Connection
Cardano has dropped more than 60% from its all-time highs as Trump’s election continues to weigh on risk assets. This huge fall has many investors looking for some potential bullish price action.
Surprisingly, a connection with Ripple and XRP could be that spark.
The buzz began after Ripple released a short video that began with the Cardano logo. Crypto fans didn’t think it was random.
Social media quickly went into a frenzy discussing a possible team-up between XRP and Cardano.
Charles Hoskinson, the creator of Cardano, has spoken about being open to working with XRP in the past. Back in November 2024, Hoskinson explained how they could help each other.
Cardano could bring its DeFi capabilities to XRP, while they could add more liquidity, stablecoin options and they might even build bridges between the two networks.
Hoskinson also mentioned that Cardano’s privacy project, Midnight, could possibly work with XRP.
Read Also: Is A 30% Crash Coming For Cardano (ADA) Price? These Levels Hold The Answer!
What RLUSD Could Mean For Cardano
In December 2024, Hoskinson mentioned that he was having both business and technical conversations with Ripple and hoped that RLUSD, which is Ripple’s stablecoin, could work seamlessly across different blockchains, including Cardano.
By March 27, 2025, he said that the talks with Ripple were getting more serious and hinted that they were making progress on bringing RLUSD to Cardano, even if nothing had been officially announced yet.
This addition of RLUSD could be huge for Cardano. According to data from Tap Tools, which tracks DeFi activity, Cardano currently doesn’t have a main stablecoin.
This leaves space for RLUSD to become the primary stable asset in Cardano’s DeFi ecosystem.
There are several advantages to this. RLUSD would function as a native asset on Cardano, eliminating the need for complex bridges or wrapping to use other stablecoins, which in turn would reduce risks and fees for users and developers and leverage Cardano’s renowned security.
Plus, developers and users have been asking for more stablecoin options.
With Brad Garlinghouse, Ripple’s CEO, also supporting this move, the XRP ecosystem could really aid Cardano’s DeFi growth.
Many believe that Ripple is positioning RLUSD to be the main stablecoin that shapes Cardano’s financial future.
The ‘Discover Crypto’ channel took a look at ADA’s share of the crypto market using technical charts.
Back in 2018, Cardano reached 5% of the total crypto market before falling during the bear market and forming what traders call a “head and shoulders” pattern, which is usually a bearish signal.
However, a similar pattern seems to be forming now but this time it could be bullish for ADA.
If the total crypto market reaches $5 trillion by October 2025, and ADA gets to 3.5% of that market, then Cardano’s total value would be about $175 billion.
Since it’s now trading around $20 billion, that would be around 9 times higher, putting the possible price per ADA at around $5.18.
The video ends by suggesting investors to hold onto their ADA.
It says that 2025 could be the year Cardano bounces back, especially if it does end up working more closely with Ripple.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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