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The Cardano Foundation has officially launched Veridian, an open-source digital identity platform that is now available on iOS and Android. The platform aims to give users complete control over their digital identity, whether they are individuals or organizations. Introduced alongside its first product, Veridian Wallet, the platform puts users in complete control of their digital presence, delivering verifiable credentials and robust data security. Veridian enables the management of credentials and private keys directly from your phone, without having to rely on third-party services. This means that all control is in the hands of the user. Imagine if our ID cards, licenses, and even our education history could be stored securely in one place and only we could access or share them—that’s what Veridian offers. Trust is becoming increasingly scarce in an increasingly digital world. Too many people are asked to “trust” systems they don’t even understand. Well, Veridian is trying to turn things around. With technologies like Key Event Receipt Infrastructure (KERI) and Authentic Chained Data Container (ACDC), Veridian ensures that user data can only be accessed authentically and securely. Not only that, Cardano implements a post-quantum security approach to keep the platform relevant in the future. So, even if supercomputers start to run rampant, Veridian still has a shield. Veridian is not just about digital credentials, but about building trust. This platform offers full transparency because its infrastructure is public-based and its protocols are open. If usually digital identity systems are built behind a dark and unauditable screen, Veridian is the opposite—it is bright and clear. And when it comes to scalability, Cardano seems to know very well that big projects will be in vain if they cannot be used widely and efficiently. Therefore, Veridian is designed to be cost-effective and reliable, even by large institutions. On the other hand, CNF previously reported that Cardano CEO Charles Hoskinson had revealed his ambitious plan to bridge Hydra—Cardano’s scaling solution—with the Bitcoin Lightning Network. The combination of the two technologies aims to create a trustless recursive bridge. If successful, cross-blockchain transactions can be fast, cheap, and secure, without having to deal with slow traditional systems. Furthermore, the Cardano Foundation has also established a strategic partnership with SERPRO, a Brazilian government-owned information technology company. The collaboration, announced in March 2025, is focused on accelerating blockchain adoption in the public sector, especially in Brazil as the largest country in Latin America. Imagine if the entire government administration system could be accessed with a verified digital identity—it would certainly be much more practical and transparent. Moving on to the market side, the activity of large investors, aka whales, on the Cardano network also shows something interesting. In January 2025, it was recorded that around 120 million ADA tokens were purchased since January 19, with an estimated value of close to $100 million. Historically, this amount of accumulation is often a sign of an impending price surge. However, this does not mean that the increase will occur in the near future. Some analysts predict that ADA could still fall to around $0.50 before having the opportunity to soar to $3 this year. Meanwhile, based on the latest data, the ADA token is trading at about $0.6545 with an increase of around 0.54% in the last 24 hours. Its daily transaction volume is also quite active, at about $808.98 million.

Problem statement: How do we save our tokens from becoming a graveyard laid down by people who supported us early? Solution: By figuring out a way where you could use the token as a bridge between your demand and supply sides—where you incentivize the process, not the speculation. Study what NodeOps has done with their tokenomics—a great example to be followed by others. 👇

Nonco, an institutional digital asset trading firm, has launched its foreign exchange (FX) onchain initiative on the Avalanche network, aiming to bridge institutional FX liquidity with the stablecoin market. The FX Onchain protocol, built on Avalanche’s C-Chain, automates conversions between local currencies and USD-backed stablecoins, such as USDC and USDT, facilitating faster and more cost-effective global payments and cross-border transactions. By enhancing stablecoin liquidity onchain, Nonco seeks to create a more efficient FX market for institutions. The initiative addresses existing challenges in the FX space, including limited local exchange liquidity and high conversion costs, by connecting institutional FX liquidity providers with the Avalanche-based protocol. With backing from Vaneck and a commitment to redefining institutional FX liquidity, Nonco’s protocol is set to debut with trading pairs like USDMXN and expand to include USDBRL and EURUSD. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Singapore Gulf Bank (SGB) launched their personal banking services, notably allowing integrated crypto transactions alongside advanced foreign exchange (forex) services. With this expansion , SGB aims to bridge traditional banking with digital asset finance, catering to customers seeking options for global transactions. The bank’s move aligns with the latest trend where established banks incorporate blockchain technology to meet their client’ financial demands. The new SGB personal banking offering includes features like global wire transfers, multi-currency foreign exchange capabilities, and payment channels utilizing cryptocurrencies, according to the bank’s announcement. Customers can now use SGB-issued payment cards and transact in multiple fiat currencies as well as selected digital currencies through the bank’s platform. This initiative signals SGB’s intent to compete directly in the cross-border payments arena, positioning itself against both established fintech players like Revolut and Wirex, and specialized Swiss digital asset banks such as SEBA and Sygnum. Related: Singapore’s Whampoa Group Plans Digital Bank in Bahrain SGB is backed by Bahrain’s sovereign wealth fund, Mumtalakat, and Singapore’s private investment firm, Whampoa Group. Such a strong backing adds credibility for the bank as it expands within the competitive global banking sector. SGB’s launch comes as the cryptocurrency sector gains significant traction within Bahrain, now making up 7% of the market . Related: Former JPMorgan Regional Head Joins Bahrain’s Digital Bank The Central Bank of Bahrain (CBB) first issued its detailed Crypto-Assets Module regulations back in 2019. Amended further in 2023, the CBB’s module addressed subsequent market developments, strengthened rules around investor protection, and formally included regulations covering digital token offerings within its supervisory scope. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Cardano ( ADA ) has been consolidating around the $0.65 support level, with price action staying above $0.60 despite market fluctuations. As the broader crypto market stabilizes, investors are closely watching ADA, anticipating a breakout once bullish momentum returns. ADA/USD 1-day chart - TradingView Historically, holding above strong support levels is a sign of resilience, and traders are increasingly considering ADA as a promising buy opportunity before the next market surge. In a groundbreaking development, Cardano is moving to integrate its Hydra scaling solution with Bitcoin’s Lightning Network. This major upgrade, announced by Charles Hoskinson, aims to establish a trustless, recursive bridge between the two blockchains, facilitating seamless cross-chain functionality. If successful, this integration could significantly boost Cardano’s scalability and interoperability, making it a more attractive option for both developers and investors. Such advancements may contribute to a long-term bullish outlook for ADA. --> Click here to Trade Cardano Coin with Bitget <-- Despite these positive developments, Cardano faces a setback as $SNEK , one of its top meme tokens, has announced its migration to the Base blockchain. The project cited Base's superior decentralization and technological advantages as key reasons for the move. This shift could negatively impact Cardano’s ecosystem in the short term, highlighting the need for the network to enhance its competitiveness. If Cardano wants to retain projects and attract new ones, it must continue innovating and addressing concerns related to scalability, decentralization, and ecosystem growth. --> Click here to Trade Cardano Coin with Bitget <-- Given the current market conditions and upcoming upgrades, ADA could be poised for a strong recovery . If bullish momentum returns, here are potential price targets for Cardano: Cardano ( ADA ) has been consolidating around the $0.65 support level, with price action staying above $0.60 despite market fluctuations. As the broader crypto market stabilizes, investors are closely watching ADA, anticipating a breakout once bullish momentum returns. ADA/USD 1-day chart - TradingView Historically, holding above strong support levels is a sign of resilience, and traders are increasingly considering ADA as a promising buy opportunity before the next market surge. In a groundbreaking development, Cardano is moving to integrate its Hydra scaling solution with Bitcoin’s Lightning Network. This major upgrade, announced by Charles Hoskinson, aims to establish a trustless, recursive bridge between the two blockchains, facilitating seamless cross-chain functionality. If successful, this integration could significantly boost Cardano’s scalability and interoperability, making it a more attractive option for both developers and investors. Such advancements may contribute to a long-term bullish outlook for ADA. --> Click here to Trade Cardano Coin with Bitget <-- Despite these positive developments, Cardano faces a setback as $SNEK , one of its top meme tokens, has announced its migration to the Base blockchain. The project cited Base's superior decentralization and technological advantages as key reasons for the move. This shift could negatively impact Cardano’s ecosystem in the short term, highlighting the need for the network to enhance its competitiveness. If Cardano wants to retain projects and attract new ones, it must continue innovating and addressing concerns related to scalability, decentralization, and ecosystem growth. --> Click here to Trade Cardano Coin with Bitget <-- Given the current market conditions and upcoming upgrades, ADA could be poised for a strong recovery . If bullish momentum returns, here are potential price targets for Cardano: