Cardano has experienced a stellar run in the past 12 months. The value of ADA is up by 2,231.5% per CoinGecko, and the momentum may not be over yet. Launchpads and decentralized exchanges have brought a new audience to cryptocurrency, yet Cardano has thus far lacked a launchpad/DEX partnership. Now, all of that will change with the help of AstroSwap and ADAPad.
The announcement comes at a time when Cardano has become the third cryptocurrency in the market cap rankings, ahead of BINANCE Coin and Tether’s USDT stablecoin. Moreover, it has relegated XRP outside the top five and holds a firm lead over projects like Polakdot, Dogecoin, Luna, Avalanche, and others.
A Big Step Forward For AstroSwap
Last month’s announcement of AstroSwap’s impending launch has sent shockwaves of excitement throughout the Cardano community. As a cutting-edge DEX built on one of the hottest networks in the industry, the platform looks set to provide access to previously unseen levels of interaction within the Cardano ecosystem. More importantly, AstroSwap will launch this decentralized exchange in partnership with ADAPad, the go-to launchpad for new projects in the Cardano ecosystem. It is a huge development for ADAPad, AstroSwap, and the broader Cardano ecosystem, as such a partnership has not been established before. More importantly, it creates a seamless route from development to trade for all Cardano-based projects.
One cannot underestimate the potential for such collaboration. Now a DEX has come together with a dedicated launchpad for Cardano funding and development for the first time, exciting things are likely to be seen. Both parties will ensure there is growth and development for AstroSwap’s vision, while ADAPad will gain another significant project under its belt. Launchpads dedicated to fostering ecosystem growth and development are a crucial cog in the machine known as cryptocurrency.
