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Cardano and Wanchain are collaborating to launch interoperability for Cardano.<\/strong><\/p>\n<\/li>\n Wanchain bridges connect EVM and non-EVM networks without any intermediary networks.<\/strong><\/p>\n<\/li>\n ADA\u2019s recovery has been slow, especially after yesterday\u2019s 8% drop.<\/strong><\/p>\n<\/li>\n<\/ul>\n When launched in 2018, Cardano<\/a> promised a future where the chain would be naturally interoperable with other blockchains in the crypto space.<\/p>\n Now even though we haven\u2019t seen that happen as one would expect, Cardano is still managing to enable interoperability in its ways.<\/p>\n In a press release today, the blockchain announced its collaboration with Wanchain<\/a>. Cardano will enable interoperability between the Cardano mainnet, Cardano sidechains, and other blockchain networks.<\/p>\n This will allow Cardano to deploy decentralized, non-custodial, bi-directional cross-chain bridges connecting it to additional Layer 1 blockchains.<\/p>\n This is possible thanks to Wanchain\u2019s development as a decentralized blockchain interoperability solution with an Ethereum<\/a>-like environment that works with industry-standard Ethereum tools, DAPPs, and protocols.<\/p>\n Given that Wanchain bridges currently connect over 15 different Layer 1 and Layer 2 networks, Cardano joining this network will open up opportunities for the decentralized applications built on the network to interoperate with other DeFi<\/a> and web3 ecosystems.<\/p>\n This way, the possible use cases for ADA holders on other chains will increase. At the same time, it will pave the way for BTC<\/a>, ETH, DOT<\/a>, WAN, XRP<\/a>, and other coins to be used in Cardano\u2019s own Dapp ecosystem.<\/p>\n Commenting on this collaboration, the Chief Product Officer of IO Global, Dynal Patel, said,<\/p>\n \u201cInteroperability is one of the driving forces behind the Cardano blockchain, and as such the Cardano ecosystem will continue to grow. Crosschain bridges are one aspect of this strategy, and Wanchain\u2019s secure infrastructure brings a valuable new contributor into the ecosystem. Wanchain will provide added utility to the Cardano community, allowing users to interact with DeFi applications on a number of networks, and take advantage of the expanding ecosystem.\u201d<\/p>\n<\/blockquote>\n<\/div>\nWanchain at Cardano\u2019s Rescue<\/h2>\n
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