You Suspicious? This is the Latest Update for Cardano!

<p>&nbsp;"Wow, will the price of ADA go up again after this?"</p><p><br /></p><p>Charles Hoskinson, the founder of Cardano (ADA) has recently shown interest in signing an agreement with US-based cryptocurrency exchange Kraken to build a layer-2 blockchain network.</p><p><br /></p><p>The move came shortly after Hoskinson discovered that Kraken was actively looking for blockchain developers to improve its technology capabilities.</p><p><br /></p><p>Kraken's goal of launching a layer-2 network is part of a broader trend among crypto firms extending their operations into the development of blockchain technology.</p><p><br /></p><p><br /></p><p>In addition to opening up new revenue streams, the strategy could also strengthen ADA and Kraken's position in the crypto market, which has been growing rapidly in recent times.</p><p><br /></p><p>On a different side, Coinbase's research for a layer-2 network called Base built on OP Stack in collaboration with Optimism has succeeded in improving the efficiency and experience of users who want to run decentralized applications on Ethereum (ETH).</p><p><br /></p><p>Looking at the price chart, ADA needs to break the $0.37 resistance zone first to continue the rise up to $0.36 and $0.43, but if it fails then the digital asset can fall back to $0.32 followed by $0.30.</p><p><br /></p><p>As of this writing, the price of ADA still recorded a plunge of 7.12% at $0.35 in the last 24 hours with the $12 billion market capitalization down about 2.21% over the last week.</p>