Related Reading | Cardano (ADA) Launches Crypto Charity Platform With Rwanda-Based NGO
Cardano was finally listed in Japan! 🇯🇵 Japan has extremely strict rules for crypto exchange listings. Only a small number of tokens can be listed in Japan, and ADA is now on that list! 🎉🎉 — Sebastien Guillemot (@SebastienGllmt)
A Very Important Listing
Listings like these do not happen all the time. Cardano (ADA) now joins the likes of Bitcoin, Ethereum, and Litecoin to be amongst coins allowed to be traded on Japanese exchanges. The importance of this listing cannot be overemphasized in the growth of Cardano (ADA) going forward.Related Reading | Cardano (ADA) Launches Connector For DApps Integration
Although the Cardano ICO had taken place mostly in Japan back in 2015, the asset never got listed on any Japanese exchange, until now. This opens access to Cardano (ADA) to a wider customer base who were previously cut off from the market. The listing will allow investors in Japan to finally buy into Cardano (ADA) using exchanges in their own country.Cardano (ADA) Price Reaction
The news of the listing has not provided any significant boost to the price of Cardano (ADA) so far. Coin price continues to trend around $1.35, not showing much improvement over the last 24 hours following news of the listing breaking.ADA price remains sluggish | Source:ADA price remains low momentum despite the market showing continuous bullish trends over the past week. Posting small recoveries, only to dip back down and continue slow movement as time passes. The price of the digital asset is currently trading at $1.357, with a 0.47% gain and a $43.6 billion market cap.