Cardano Joins Brave Wallet: A Boost for User Accessibility
cardano is now officially available in the beta version of the Brave Wallet. This inclusion grants the blockchain direct access to over 88 million monthly users on the privacy-focused browser. The update was first noticed on June 19 by a Cardano-focused X page, showing Cardano (ADA) on the wallet interface.
This growth follows an earlier declaration in May. Input Output, Cardano’s development team, and Brave Software confirmed plans to integrate full Cardano support. With this integration, users can send, receive, swap, and manage Cardano assets effortlessly.They can also interact with decentralized apps and governance systems.
However, the price of Cardano hasn’t shown much response. At press time, ADA is trading at $0.6002, down 0.5% on the day. The 24-hour trading volume has fallen by 47.3% to $360 million.
Technically, ADA is in a downtrend. It’s trading below meaningful moving averages, with strong bearish momentum. The Bollinger Bands suggest that the lower band near $0.5899 could act as support. Momentum indicators are neutral to bearish, indicating ongoing selling pressure.
Despite the potential for a short-term rebound, the overall trend remains downward. A sustained move above $0.63 and fresh volume could help ADA towards the $0.70 resistance zone.A drop below $0.59 support could lead to a deeper decline toward $0.55.
