- Lace wallet from Cardano prepares to add XRP support which will improve blockchain connection between networks and enhance user accessibility.
- The NIGHT token airdrop of Midnight grants tokens to XRP holders which aims at reaching 37 million users distributed across eight blockchain systems.
- The recent Cardano-Ripple partnership represents a growing industry movement to create blockchain network integration systems.
Charles Hoskinson from Cardano and input Output Global (IOG) disclosed that the Cardano ecosystem will extend its interconnectivity through Lace by integrating XRP into its wallet. During an AMA on YouTube Hoskinson delivered news of Cardano integrating XRP in its Lace wallet. This development stems from enhanced Cardano-Ripple system collaboration. The comments indicate a major transformation after previous tensions between these two cryptocurrency groups.
XRP Joins Lace Wallet Amid Growing Cardano-Ripple Ties
During the three- hour live session, Hoskinson verified that XRP would enter Lace, a lightweight wallet maintained by IOG. The company makes this change to increase user access and develop cross-chain functionality. This important advancement emerged at a time when the Cardano and Ripple communities had historically little connection. Hoskinson stated that Ripple relations have strengthened remarkably while previous disputes seem to have dissipated.
Through its integration with Lace, XRP holders obtain direct Cardano-based service compatibility while benefiting from better inter-chain asset transfer possibilities. The announcement indicates XRP support has entered the development timeline for Lace but did not specify an exact date when the feature would become available.
NIGHT Airdrop Includes XRP Holders, Targets 37M Users
The upcoming NIGHT token airdrop of Cardano’s Midnight sidechain project includes all XRP token holders according to Hoskinson. The distribution of NIGHT tokens began this month by targeting users from eight blockchain systems which include XRP Ledger. Hoskinson estimates that the airdrop will incorporate 37 million users as participants.
Ripple and Cardano Spark New Era of Blockchain Unity
Cardano founder Charles Hoskinson announced that Ripple CTO David Schwartz extended him an invitation to present at a future Ripple event. The invitation represents another indication Ripple and Cardano will develop a cooperative connection for future operations.
The series of developments indicates that blockchain networks are moving toward greater interoperability while cutting down on their separation. As Lace prepares to integrate XRP and shared initiatives like Midnight continue to unfold, collaboration between blockchain ecosystems appears to be gaining momentum.
