Recent interactions between Charles Hoskinson, the founder of Cardano and Brad Garlinghouse, the CEO of Ripple have the crypto space abuzz with speculation. Rumors are swirling that Cardano (ADA) and Ripple (XRP), two well known names in the blockchain scene, could team up after their discussions. That being said, investors are eager to hear just how this could affect ADA’s trajectory and how the partnership can affect the broader market.
Cardano: Up 100% This Month
Announced in 2017, Cardano has become one of the leading blockchain platforms, recognised for its research – driven model, and dedication to scalability and sustainability. Over the years ADA, its native cryptocurrency, has had quite some price fluctuation. As of September 2021, the price of ADA had an all time high at $3.10, a sign that investors are confident, and awaiting upcoming technological advancements.
Source: CoinMarketCap
However, like many cryptocurrencies the price of ADA dipped soon after. Over the summer ADA traded around $0.35, fluctuating slightly. But when the current bull run started, Cardano’s price doubled to $0.72, where it stands today.
Ripple Price: Double In 30 Days
XRP, an introduction by Ripple in 2012, is designed to facilitate fast and low cost cross border payments. The history of XRP is accompanied by notable price movements. In January 2018, the price reached its all time high of $3.84. But, in 2020 Ripple got served with a lawsuit from the US SEC, which sent XRP’s price on a downward spiral, trading between $0.50 to $0.60 for the majority of 2024.
Source: CoinMarketCap
But like Cardano, Ripple doubled in price as president elect Donald Trump announced that US based crypto projects would receive large tax benefits. This caused the XRP price to skyrocket to $1.10, where it stands today.
Potential Impact of Cardano-Ripple Collaboration
Speculation now circulates that there is a strategic partnership between Cardano and Ripple following their recent meeting between Hoskinson and Garlinghouse. A collaboration of such would exploit the strengths of both the platforms and improve scalability, interoperability, and adoption. This might be the catalyst for price appreciation for ADA as investors expect the combined capabilities of two formidable blockchain networks.
IntelMarkets (INTL): A Compelling Investment Opportunity
While investors in ADA or XRP could stand to make some gains, there are newer projects with high growth potential like IntelMarkets (INTL).
IntelMarkets is an AI-driven project providing a crypto trading platform. This platform is built to minimize transaction times, recognize market patterns, and make precision trades — built for rapid adoption and growth.
Combining artificial intelligence, smart contracts, and decentralized finance in one ecosystem for trading, INTL has caught the eye of many investors. Having raised more than $2.4 million in presale, this project may be the next big thing. According to experts, IntelMarkets has the potential to reshape the $264 billion global crypto trading market.
Conclusion: Best Crypto ICO?
If Cardano and Ripple partner, the impact of this potential collaboration will have a positive impact on their prices. But for those looking to get exposure to new projects with high growth potential, IntelMarkets represents a great alternative. Thanks to its AI-driven crypto trading platform, it stands at the cutting edge of technology in the crypto industry. Having raised more than $2.4 million already, INTL tokens are currently offered at $0.54 apiece. For a limited time only, if you use the promo code below you will get an extra 20% bonus on your deposit!
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