The Cardano (ADA) blockchain is getting ready for big changes in its ecosystem as a result of a new agreement aimed at enhancing the network’s capabilities and promoting the use of Web3 technology worldwide.
This new partnership supports Cardano’s objectives to grow into new areas and encourage the use of Web3 services. It will also make it possible for Cardano (ADA) to give developers access to fresh resources and new markets.
In addition to Cardano (ADA), other prominent cryptocurrency platforms like ETFSwap (ETFS) are poised to make several major partnerships with leading organizations and institutions within the crypto space. Through these tactical partnerships, ETFSwap (ETFS) can effectively support the expansion of its community and ecosystem, guaranteeing long-term sustainability and stability.
Emurgo Announces Strategic Partnership With Huawei To Support Cardano (ADA)
Emurgo, a founding entity of the Cardano (ADA) blockchain, has collaborated with Huawei Cloud, one of the leading cloud computing firms, to provide support for Cardano’s (ADA) validator node. The announcement was made by Emurgo’s official X (formerly Twitter) handle on Thursday, April 11.
This strategic partnership aims to deliver Huawei Cloud’s infrastructure into Cardano’s growing ecosystem. Additionally, the alliance will enable developers to access powerful tools and resources to build innovative Web3 solutions on the Cardano blockchain.
Emurgo has stated that one of the most important outcomes of this new collaboration will be the development and expansion of the Cardano (ADA) ecosystem. According to the founding member of Cardano, working with Huawei Cloud would spur Web3 adoption and growth from a variety of markets and geographical areas in Asia Pacific and Africa.
It has also revealed that this new collaboration was the first step in its plans to build a more robust relationship with Huawei Cloud. The Cardano (ADA) founding entity aims to drive widespread commercial adoption through the use of validator nodes, events, and technological collaborations.
Notably, this development could become a potential catalyst for the price of ADA, Cardano’s native token. Recently, the cryptocurrency has been displaying a rather slow bullish trajectory, and the integration of Huawei Cloud’s infrastructure into Cardano’s (ADA) ecosystem could trigger a potential price rally for the token.
Despite the slow growth, crypto analyst Ali Martinez has disclosed that Cardano’s (ADA) price is exactly where it’s supposed to be, predicting a strong price increase for the cryptocurrency soon.
ADA’s price is currently trending at $0.45, with a 24.84% decline in the last week. However, if Martinez’s prediction is anything to go by, then the altcoin could be getting ready for a bounce from here.
ETFSwap Set To Partner With Leading Institutional Players For Next-Generation DeFi Trading
As a part of its commitment to fostering global adoption of both cryptocurrency and Exchange-Traded Fund (ETF) trading, ETFSwap (ETFS) has laid out spaces for potential partnerships with prominent organizations and institutional players within the DeFi and crypto landscape. Through these alliances, the trading platform will be able to offer new services and opportunities to its users, ensuring continuous growth and engagement in its ecosystem.
ETFSwap (ETFS) aims to become the top ETF trading platform within the digital asset space. The platform takes trading to another level by incorporating all the best principles of traditional finance into the DeFi realm. This ensures that users can get the best of both worlds, enjoying seamless trades both securely and conveniently.
Unlike other trading platforms, ETFSwap (ETFS) is committed to its user experience, ensuring that all trades are executed securely and efficiently to maximize potential profits. Additionally, this platform has terminated the need for KYC requirements, allowing users to preserve their identities and trade anonymously and safely.
ETFSwap (ETFS) smart contacts have also been thoroughly audited by CyberScope, a renowned cybersecurity and blockchain audit firm. The purpose of the audit was to ensure that no vulnerabilities were found in ETFSwap’s (ADA) underlying infrastructure and security.
More importantly, investors can purchase and invest in ETFSwap’s native token, ETFS. By doing this, they get numerous trading benefits, including a 10x leverage on all trades and staking rewards when they stake their tokens.
Only users who purchase ETFS tokens can have access to the wide array of ETF trading options available on ETFSwap. The tokens are currently sold on ETFSwap’s (ETFS) first presale stage at a price of $0.00854. However, the price is set to increase to $0.01831 by the second stage of the presale.
For more information about the ETFS Presale:
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