Cardano (ADA) breaks new ground in cross-chain compatibility

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Ergo smart contract platform notify Rosen Bridge’s user interface (UI) has been enabled for public cross-chain liquidity transfers of ADA, ERG, RSN, SigUSD, and SigRSV initial asset sets between Ergo and Cardano.

The move marks the beginning of an era of interoperability between Ergo and Cardano, with more bridges and assets expected to come in the coming days.

November, Ergo Announce Launched Rosen Bridge with Cardano. RosenLite is the first release phase of Rosen Bridge, focused on Ergo, allowing token connections between different blockchains.

Currently, Rosen Bridge is deployed to enable native token swaps between Ergo and Cardano, but the roadmap aims to facilitate bridges to Ethereum, Bitcoin, Dogecoin, and BNB chains.

Since its founding in 2015 and its official launch in 2017, Cardano has seen significant growth in both technology and user adoption, with a growing ecosystem of users, dApps, wallets, development… The latest interoperability initiatives are expected to boost Cardano Dano and the utility of blockchain therefore.

Interactive updates on Cardano

In early 2023, Cardano builder IOG launched a toolkit for developing custom sidechains on Cardano.

CIP proposals and other open source tools are being developed on GitHub to make Cardano a more interoperable ecosystem, primarily EVM-based products and services.

Cardano has become more interoperable thanks to the partnership with Wanchain and Maestro, which will help further connect Cardano and develop TVL for Cardano DeFi applications.

Developers like Paima Studios are developing solutions to make games more interoperable and expand Cardano’s ecosystem by allowing other blockchain-based games to migrate to Cardano without transferring assets .