crypto news

Cardano founder says that you will soon pay for fees in Bitcoin, and the ADA price remains fixed

Charles Hoskinson, founder of Cardano, shared great visions about the future of the network during a recent comprehensive interview.

The unveiling of the main development plans

In the interview, Hoskson revealed that the midnight drop will serve as the first permits application, using Hydra technology to reach 135 million people. He explained that the team is planning to implement the logic of salvation on Bitcoin, either as an order or Ron. With the presence of overlapping transactions, users will have the ability to pay the fees using BTC, a step that can be liked Bitcoin is maximum With the creation of a more liquid market.

Hoskinson also discussed the potential role of Blockchain technology in government operations. He suggested that Blockchain can serve as a check layer for the US Treasury, as well as artificial intelligence capabilities to detect waste, fraud and abuse. This system will give the priority of transparency and review while taking advantage of artificial intelligence.

In a major development of the ecosystem, Hoskinson announced a partnership with Globant, a major company in circulation with more than 20,000 developers. Through a sign of understanding (MOU), Globant will develop on Cardano, with plans to cooperate in artificial intelligence projects and applications.

ADA price analysis: slow movement

Cardano Price has a slowdown today, as it has decreased by about 2.5 % and is currently trading less than a mark of $ 0.80. Technical indicators show daily service indicators in 47, while the MACD line moves below the MACD signal line.

Based on these technical indicators and current market conditions, the ADA price may continue to face the short -term sale pressure. The price can find the support around the level of $ 0.75, while the resistance remains near the $ 0.85 sign. However, the recent developments and partnerships announced by Hoskinson may affect market morale in the coming weeks.

Also read: Experts predict the increase in Cardano (ADA) prices – here is what to expect

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