Adam Dean, a contributor and developer to the Cardano crypto ecosystem, recently revealed in a tweet his success in integrating a frontend CIP-30 Cardano wallet using pure jQuery in less than 30 minutes.
He used a tool called Lucid by berry_ales to accomplish this. He also hints that big things are coming for Cardano Mercury for WooCommerce, and encourages people to stay tuned and follow the developments related to Cardano.
CIP-30, an improvement proposal necessary to facilitate web page interaction with Cardano-based hot wallets. This interaction enables a connection between decentralized applications and cryptocurrency storage.
It includes the utilization of Cardano Mercury as a direct payment gateway between the users and the vendor for WooCommerce, the premier e-commerce website platform.
Cardano (ADA) Bullish Momentum
The token ADA has seen an incredible 15% increase in value over the past week, leading it to overtake Dogecoin (DOGE) in the CoinMarketCap ranking of major cryptocurrencies, and it is now ranked 8th. As a result, its market capitalization has skyrocketed by an additional $2 billion.
The data from Coinmarketcap shows that the token is currently trading at $0.35, with a 2% increase in the daily chart. ADA has been facing increased volatility in recent months as the overall market faces Crypto Winter deeper.
It has made predicting the price of ADA more challenging, especially in light of the market upturn in early 2023. ADA began 2022 at $1.36. However, it then dropped to $0.7528 at the end of February.
The price recovered to $1.24 in late March but was unable to maintain the upward trend and fell back to $0.7424 by the end of April 2022. The market faced further turmoil when the FTX (FTT) exchange collapsed.
It left ADA at a low of $0.2973 on November 21st. Since then, the market has shown signs of recovery, and as of January 2023, ADA has started recovery. However, a mixed short-term prediction suggests that the coin could trade at $0.338219 next month.
Whereas, CaptainAltCoin predicts that ADA could drop to $0.2052 in March this year before potentially recovering to $0.4554 in January next year.
Related Reading | Cardano-Based AI project Plans To Cross-Chain Interoperability Between Ethereum & Cardano
