InstaForex

September 2, 2021

Cardano (ADA) Wants To Collaborate With Solana (SOL)?

 Solana (SOL) and Cardano (ADA) have shown exceptional performance in recent times with monthly gains of 174% and almost 114% respectively for the same time period.


In the latest partnership via the AMA slot, Cardano founder Charles Honskinson admits he’s actually excited to learn more details about Solana.


Honskinson also did not hesitate to seek knowledge from Solana through his tweet on Monday and it was welcomed by Solana’s co-founder, Raj Gokal.


hey there, dm’s are open!


Facebook Facebook logo Sign up for Facebook to connect with Raj Gokal 🖤.S ◎ L (@rajgokal) August 30, 2021


According to Honskinson, Solana has shared several links related to their project.



Excitement arose among the Cardano community if there was potential for integration or perhaps collaboration in the future, but Honskinson was quick to clarify that the decision was not in his hands.


Rather, it is the jurisdiction of the Cardano community whether they want to work with Solana or not:


"Even if it goes as expected, it will probably focus on one area: either economic collaboration, engineering collaboration, or scientific collaboration."


SOL prices are expected to continue to climb to higher levels in the next few weeks. At the time of writing, SOL recorded a trading value of $ 110.99, up nearly 1% in 24 hours.


If there is cooperation as expected, perhaps Solana will continue to create developments in terms of institutional support.


For example, Osprey Funds which registered Solana funds with the Securities and Exchange Commission (SEC) last month. Meanwhile, Grayscale in June announced that it was considering adding SOL as part of its portfolio.


The ADA is currently trading at $ 3, up nearly 9% in 24 hours. The ADA has just hit its latest all -time high (ATH) of $ 3.03.