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Cardano's Lace Wallet Integrates Bitcoin, Boosts Multichain Vision

Cardano's Lace wallet now supports Bitcoin, marking a major step in its multichain strategy. ADA price sees optimism as Hoskinson confirms scaling roadmap completion.
Published on 2025-04-28

Cardano Expands Its Ecosystem with Bitcoin Integration

Cardano founder Charles Hoskinson has officially announced the integration of Bitcoin (BTC) into the Lace wallet. This milestone marks a significant step in Cardano's multichain vision, enabling users to store and manage BTC directly within the Lace ecosystem. The update, part of Lace version 1.22, symbolizes the wallet's broader ambition to support multiple blockchains, with Bitcoin being the first to join.

Enhancing Interoperability and User Experience

The Lace wallet, developed by IOHK, has historically focused on Cardano's native ADA token. However, this latest update underscores the ecosystem's commitment to interoperability. By supporting Bitcoin, Lace strengthens its position as a versatile crypto wallet, appealing to a broader user base. The integration is expected to enhance user experience, building on previous updates like version 1.17.5, which improved syncing speeds and transaction data fetching.

ADA Price Shows Promise Amidst Optimism

The announcement has sparked optimism within the Cardano community. Hoskinson also revealed that the original scaling roadmap for Cardano has been completed, potentially setting the stage for an uptick in ADA's price. As of the latest data, ADA is trading at $0.7030, reflecting a 0.64% increase over 24 hours, with trading volume surging by 67.57% to $28.53 billion. This positive momentum suggests growing confidence in Cardano's ecosystem and its future growth.

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