Cardano is the latest cryptocurrency to hit Coinbase Pro
On Tuesday, soon-to-be-public U.S. cryptocurrency exchange Coinbase Pro announced support for Cardano (ADA), the fourth-largest cryptocurrency by market cap.
The token has jumped over 18 percent on the announcement, reaching an intraday high of $1.28 before trimming some of its gains.
” alt=”” aria-hidden=”true” />Image by tradingview.com
IOHK CEO Charles Hoskinson believes that the addition of ADA is “the beginning of a great relationship” that he expects to extend throughout the upcoming years:
I’m so happy to see that announcement today. It’s been a long road. A lot of very hard work went into that.
Last week, Coinbase Pro listed Polygon (MATIC), SushiSwap (SUSHI), and SKALE (SKL).