Digital assets are now the new gold, and that is not something that is up for debate. Over the years, we have seen the rise of digital assets from almost a price zero to worry a relatively good price. Coinbase has given its users something to cheer for after its recent announcement. Going by calls for listing the digital asset in the last few months, Coinbase has heard their plea and has listed Cardano.
In the company’s official statement, it noted that henceforth, traders on all its platforms would be able to buy and trade the digital asset. To this effect, the users can buy, convert, send, trade, keep Cardano. However, the crypto exchange pointed out that it is only available to users in specified countries that they support.
The firm previously slated March 18 for the listing
Before this announcement, the firm already earmarked March 18 as the day that it would officially list the coin off the back of recent calls by its users. The reason that most users were hammering on the crypto exchange listing the coin was because of its uses.
Recently, the coin has blown up rapidly from a smaller price to now become one of the integral coins in the decentralized finance space. The company has also pointed out that users come in with their requests on the kind of coin they want them to launch every day.
Also read:The exchange also said that they have always had to follow some procedures for listing assets and would not just up and list them just because their users want them to. Not quite long, Bloomberg also announces that it will continue to track the price of Cardano on its terminal, showcasing how big the digital asset has grown to be.
Cardano is doing well in the crypto market
The Bloomberg move has seen investors largely interested in the digital asset because it is designed for both professionals in the crypto space. Another reason is that the platform has continued to gain momentum over the last few months, going by its increased recognition. One of these reasons is that the parent developers, Input Output Hong Kong, constantly upgrade the digital asset almost every day.
The developers, led by famous crypto proponents, Charles Hoskinson, have been doing an excellent job for quite some time now. It is now evident in the price of the digital asset. Also, the company is now close to striking a huge deal in Africa with major governments across the region.
Presently, the price of the asset has not yet been reacted to the listing.
However, the asset has been able to post a 2% profit in the last 24 hours to register a new price of $1.30. With Coinbase listing the digital asset, it is only a matter of time before it starts challenging other top coins in the wallets of traders.
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