Trezor Hardware Wallet Introduces Support for Cardano (ADA), Price Reacts

Crypto hardware wallet has announced support for Cardano (ADA) after many years of not supporting the digital asset. As Cardano has grown and with the rise of decentralized finance (DeFi) on the network, there has been more demand for the cryptocurrency to be added to the wallet, which is one of the most popular crypto hardware wallets in existence. The announcement had come at a time when the digital asset was in need of a boost and it provided that. Trezor which boasts millions of users worldwide will bring more storage capabilities to the ADA community through this. Providing a more secure and private method of storing and transacting the cryptocurrency. It comes with the latest updates to the Trezor Suite that was announced earlier this week. Good news from our friends at @Trezor!#Cardano accounts are now available in Trezor Suite, allowing you to store and transact. https://t.co/2goLY1ZqmN — Input Output (@InputOutputHK) March 16, 2022 Related Reading | When Bitcoin At $500,000? Novogratz Says Five Years Cardano (ADA) Price Reacts Following the announcement of the addition of Cardano support to the Trezor hardware wallet, there had been some movement recorded by the digital asset. The very noticeable spike had occurred just after the announcement had been made public but the digital asset found it hard to hold this point. Instead, there was a subsequent downtrend that brought the price back down. ADA price shoo...