Cardano $1.1 founder Charles Hoskinson updated the ADA community on the future of the Lace Wallet. In his statement on the X platform, he pointed out many updates planned for this year.
What’s New in Lace Wallet?
Hoskinson expects Lace to launch on multiple platforms this year. Stating that the wallet will open its doors to its users with new and exciting features, Hoskinson said that the transition to Lace is “in full swing”. The Cardano founder also touched on the wallet’s potential to become a “powerhouse” this year. Charles, who says that in addition to Lace, other solutions have been developed within the Cardano ecosystem, has had to confront criticism that the network has been developing slowly for years.
In November, Hoskinson Ripple 
$2.4He had a technical meeting with David Schwartz, CTO of , about Midnight and XRP. As a privacy-focused blockchain project, Midnight aims to increase data security and maintain regulatory compliance.
Hoskinson shared his positive views on Midnight’s potential to support the development of privacy-focused decentralized applications. This meeting shows that there may be a collaboration between Cardano and Ripple in the near future.
Cardano’s Bitcoin DeFi Plans
Cardano, Bitcoin, as well as various solutions designed by developers 
$97,667.7 It also plans to explore decentralized finance in its network. The Cardano team has the responsibility of delivering a meaningful Bitcoin roadmap by May 2025. Hoskinson stated that Cardano will develop a multi-party computing protocol in collaboration with Fair Gate Labs, and this step aims to create a bridge between the Cardano and Bitcoin ecosystems.
Finally, the price of Cardano increased by 3.4% in 24 hours to $1.07. Investors are excited about the upcoming updates and ecosystem plans. Hoskinson announced that he has undertaken the task of removing all obstacles that will ensure that this year’s plans are not disrupted in order to support the system.
The Cardano ecosystem continues to expand with the update of the Lace Wallet and Bitcoin DeFi projects. New collaborations and technical developments may contribute to the future growth of the project. Investors are expected to follow these developments closely.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
