Cardano: Ledger Live Finally Adds Support for ADA After Months of Waiting


Cardano has now arrived at Ledger Live after months of waiting

According to a recent Tweeter, Cardano has now arrived at Ledger Live after months of waiting. This implies that users could now send, receive, buy and manage ADA directly with Ledger Live. With the long-awaited ADA integration, the Ledger Live app now supports the top 10 cryptocurrencies by market capitalization. Cardano currently ranks seventh, with a current market capitalization of $15.4 billion.

In April, cryptocurrency hardware wallet provider Ledger shared the news that version 4.0.0 of the Cardano app for Ledger wallets compatible with smart contracts was now available, which was reported by U.Today.

The Cardano community was also excited when the Ledger support team announced that the Ledger Live app was working on adding full support for Cardano at the time. Ledger Live allows users to manage their digital assets from within the security of the Nano hardware wallet, thereby securing the assets within the Ledger Nano X or Nano S Plus.

Charles Hoskinson maintains that Cardano is community driven

In response to a Cardano user who stated how he initiated a move regarding support for Cardano native assets, Cardano founder Charles Hoskinson tweeted, “It’s like Cardano is a decentralized, community-driven, open-source protocol or something like that.”

In its latest weekly development update, IOHK provided statistics on the network’s growth. Currently, 1,004 projects are being built on Cardano, compared to 992 previously. A total of 89 projects have recently launched on Cardano, while the number of NFT projects has increased to 5,796.

Cardano native tokens have surpassed 5.1 million, while the number of Plutus scripts was 2,790. ADA is currently trading at $0.45, down 9.62% in the last 24 hours, per CoinMarketCap data.


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