How high will Cardano price go after new Ripple collaboration?

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The crypto-space is abuzz with speculation following recent interactions between Brad Garlinghouse (CEO of Ripple) and Charles Hoskinson (founder of Cardano). Rumors are circulating that Cardano, ADA and Ripple XRP, two of the most well-known names in blockchain technology could join forces after their talks. Investors want to know if this partnership will affect ADA’s trajectory, and how it can impact the broader markets.

Cardano: 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, Cardano’s native cryptocurrency, has seen a lot of price fluctuations. The price of ADA reached a record high of $3.10 in September 2021. This shows that investors are confident and eagerly awaiting upcoming technology advancements.

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Source: CoinMarketCap

ADA’s price, however, fell like that of many other cryptocurrencies shortly after. ADA fluctuated around $0.35 during the summer. Cardano’s value doubled when the current bull market started. It is now $0.72.

Ripple price: Double in 30 Days

XRP is a new product introduced by Ripple, in 2012. It was designed to make cross-border payments fast and inexpensive. The price of XRP has been fluctuating in a notable way throughout its history. In January 2018, XRP reached its highest price ever of $3.84. Ripple received a lawsuit in 2020 from the US SEC. The lawsuit sent XRP on a downward trend, with the price trading between $0.50 and $0.60 throughout 2024.

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Source: CoinMarketCap

Ripple also saw its price double after Donald Trump, president-elect of the United States, announced that crypto projects in the US would be eligible for large tax incentives. The XRP price soared to $1.10 today, as Donald Trump announced that US-based crypto projects would receive large tax benefits.

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Cardano-Ripple Collaboration Potential Impact

After the recent meeting of Hoskinson with Garlinghouse, rumors are now spreading that Cardano and Ripple have formed a strategic partnership. Such a collaboration would take advantage of the strengths of both platforms and increase scalability. This could be the catalyst that drives ADA’s price up as investors anticipate the combined abilities of two powerful blockchain networks.

IntelMarkets (INTL), A compelling investment opportunity

IntelMarkets, a project with high potential for growth, is a good alternative to ADA and XRP.

IntelMarkets, an AI-driven platform for crypto trading, is a project that uses artificial intelligence. This platform is built to minimize transaction times, recognize market patterns, and make precision trades — built for rapid adoption and growth.

INTL, which combines artificial intelligence, smart contract technology, and decentralized financing in one trading ecosystem, has attracted the attention of many investors. This project, which raised over $2.4 million during the presale phase, may be next big thing. Experts believe that IntelMarkets could reshape a $264 billion crypto trading market.

What is the best crypto ICO?

Cardano’s and Ripple’s prices will rise if they partner. IntelMarkets is a good alternative for those who want to be exposed to new projects that have high growth potential. IntelMarkets is at the cutting-edge of technology thanks to its AI trading platform. INTL tokens, which have raised over $2.4 million in total, are now being offered at $0.54 each. Use the code below to get a 20% bonus on any deposit for a limited period of time!

IntelMarkets: Read more to learn about it
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leadzevs/ author of the article

LeadZevs (John Lesley) is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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