Charles Hoskinson’s Cardano (ADA) is one of those cryptocurrencies that have all but divided the crypto community down the middle. Many claim that it is one of the best investments that investors can make right now and that it will yield great returns over the next decade. Others, however, view Cardano with hesitation, saying that it is nothing special and that the hype surrounding it has been grossly overexaggerated. Then there are some who would go out of their way to bash Cardano as much as possible, with few even going as far as calling it a blatant scam.
Whatever someone’s opinion on Cardano may be, it certainly hasn’t stopped it from growing and expanding its influence. As of the time of this writing, Cardano (ADA) is the 6th highest ranked cryptocurrency in the world today in terms of market capitalization. Its current price is $1.20, which is a 9.3% increase within the past 24 hours. Furthermore, NOWPayments (a cryptocurrency payments processor) recently made it known that support for Cardano has now been integrated. This essentially implies that various e-commerce solutions and their respective plugins can now support payments made in ADA, and these include the likes of WooCommerce and Shopify.
Cardano gaining momentum
Cardano Foundation’s Project Manager, Jeremy Firster, had announced the abovementioned news via Twitter less than a week ago, on the 21st of April 2021. He had tweeted that ‘Cardano welcomes Shopify into the family with open arms and that NOWPayments must be thanked for its contributions toward making all of this possible.
Moreover, one of the reasons for choosing Cardano is because it is a publicly available as well as free-to-use blockchain that anyone can utilize.
Multiple merchants adding ADA
It does seem that things are going relatively well for Cardano and ADA, despite the recent market crash, which had resulted in many altcoins suffering heavy losses. ADA’s low price had helped it to avoid these losses as other altcoins such as Binance Coin (BNB) had decreased by over $100 in value in just a week.
Additionally, various other merchants are joining in on adding ADA as a payment option as well. One of the very first to do this had been ‘Cardano Supreme,’ which focuses on the selling of merchandise that is heavily inspired by Cardano itself. Another one had been ‘Overland The Americas,’ which provides services relating to travel and exploration of the American geographical landscape.
As of right now, numerous plugins other than WooCommerce and Shopify have also begun to accept ADA as a payment method, along with some other cryptocurrencies. These include Magento 2, OpenCart, WHMCS, Ecwid, PrestaShop, and Zen Cart. This list had been provided by NOWPayments.