Brave Wallet Adds Support for Cardano's ADA, Giving Users the Ability to Directly Send, Receive, and Swap ADA

Key Points:

* Brave Wallet, known for its privacy focus, will be adding support for the Cardano blockchain.

* The move will allow users of the integrated crypto wallet to directly send, receive, and swap ADA and other Cardano-native assets without external extensions.

* Cardano, already included in the wallet, is now officially joining Ethereum and Solana in the multi-chain capacity of the browser wallet.

(Photo Credit: CC0 Public Domain)

Cardano developer Input Output (IO) has announced that the integrated crypto wallet from the privacy-focused Brave browser will be adding support for the Cardano blockchain.

This will give users of the lightweight browser wallet the ability to directly send, receive, and swap ADA and other Cardano-native assets without needing to use external extensions.

The move adds Cardano to the multi-chain capabilities of the browser wallet, which already includes Ethereum and Solana.

Announced by IO, the project behind the development of Cardano, the integration is expected to enhance the accessibility of Cardano’s wallet and facilitate on-chain governance participation.

Charles Hoskinson, CEO of IO, stated that the development is part of a broader mission to facilitate private, seamless, and secure blockchain interactions.

The update comes as ADA has shown signs of recovery after falling to $0.55 on April 9. Over the past month, the ninth largest cryptocurrency has risen more than 50% and is currently trading around $0.798.

ADA Price Outlook

After remaining in a downward price channel since mid-November 2024 on the 2-day chart, the cryptocurrency recently broke out of that trend.

This move has sparked bullish sentiment among traders, with popular analyst Crypto Beast remaining optimistic for the mid-term outlook of ADA, highlighting strong potential for the next 4–5 months.

Optimistic on $ADA for the next 4-5 months pic.twitter.com/FI6nnaU7Dv

— Crypto Beast (@cryptobeastreal) May 11, 2025

On the daily chart, the Relative Strength Index (RSI) stands at 58.25, leaving scope for a continuation of the uptrend. A break above the $0.85 resistance zone could propel the cryptocurrency towards $0.93 and eventually the psychological barrier at $1.00.

ADA price chart with RSI and Bollinger Bands | Source: Trading View

ADA is pressing against the upper Bollinger Bands, indicating strong bullish momentum. However, a 3% decline in the past 24 hours suggests consolidation in the short-term.

Key support levels to watch are at $0.72 and $0.65. Breaking these levels could invalidate the current bullish setup.

Meanwhile, the MACD shows a bullish crossover, with the MACD line trading above the signal line, implying increasing buying pressure.

ADA price chart with MACD | Source: Trading View

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Solaxy: A Rising Star in the Layer-2 Space

Amid the developments around ADA, another project is quietly gaining momentum: Solaxy, a Layer-2 solution built on Solana with cross-chain capabilities. Solaxy aims to solve Solana’s congestion issues by batching and verifying transactions off-chain before recording them securely on-chain.

This approach not only accelerates transaction speeds but also reduces fees for users. Moreover, Solaxy introduces a unique economic model with a circulating supply that increases gradually, in contrast to the rapid inflation seen in many new tokens.

Solaxy’s native token, SOLX, serves as the gateway to the Solaxy ecosystem and offers users access to key network utilities. At the time of writing, the project is in its presale phase, presenting an opportunity for investors to get involved in a project that has already made significant strides.

The project is offering its token at a discounted rate, with payments accepted in ETH, USDT, BNB, and SOL.

With a staking yield of 114% and around 10 billion SOLX tokens already staked, the project is certainly drawing attention. The presale is ending in the next few hours, which could lead to a surge in the token price, as highlighted by the team.

Current Presale Stats:

For investors seeking scalable blockchain solutions and high-yield staking opportunities, Solaxy presents a promising vision of Solana’s next chapter.output: Key Notes:

* Known for its privacy-focused browser, Brave will be adding support for the Cardano blockchain to its lightweight browser wallet.

* This will allow users of the crypto wallet to directly send, receive, and swap ADA and other Cardano-native assets without needing to use external extensions.

* Cardano, already included in the wallet, is now officially joining Ethereum and Solana in the multi-chain capacity of the browser wallet.

Cardano developer Input Output (IO) has announced that the integrated crypto