Cardano has achieved major recognition of its market value. Google has just added ADA to its currency conversion rate calculator. Users of the search tool can now convert ADA to various fiat currencies, including USD, GBP, EUR, and many others.
With this move, Google confirms that Cardano has become one of the major cryptocurrencies that are widely utilized. Investors may conveniently use Google’s infrastructure to perform a close price calculation of ADA without relying on other services. Users who are still oblivious of Cardano may be more willing to learn more about it following the new integration.
Although Cardano’s integration in the search tool isn’t likely to directly affect ADA’s market valuation, it can still be essential for a broader audience. As Cardano uses a proof-of-stake algorithm, the higher number of users will improve the platform’s resilience. The integration makes ADA accessible to locals of both developed and developing countries. Therefore, the crypto market may become better incorporated as a result of such initiatives.
Google’s update of its currency conversion rate calculator is quite crucial for the expansion of the entire crypto market. The tech giant demonstrates that the crypto market is the central element of current economic innovations.
Traditional fiat currencies lack many properties offered by cryptocurrencies. As many people become more aware of the crypto market beyond BTC and ETH, such strategic decisions will lead to higher diversification of the crypto market.
If the current tendencies persist, most major crypto projects can become covered by the search engine giant. The closer integration of crypto with traditional financial, and real economy markets in the near future is inevitable. Google’s reforms may affect corporate decisions of other market platforms. In any case, cryptocurrencies may go mainstream in the following years, causing massive positive disruptions. If the broader audience approves Google’s improved functionality, this process will expand further. Such a situation is beneficial both for crypto companies and ordinary Internet users.
