A crypto asset that has grown by over 1,250% since the beginning of the year is now working with smart contract platform Cardano (ADA).
Partnership with Cardano
This week, Orion Protocol (ORN) announced on Twitter that it has partnered with research and development organization Input Output (IOHK) to integrate its services with the Cardano blockchain.
Since January, the Orion token has performed well, rising from $ 2.16 to $ 29.25 this March. The project currently has a valuation of $ 346 million and a fully diluted valuation of $ 1.6 billion.
Orion Protocol is an aggregator that allows crypto users to access liquidity on centralized and decentralized exchanges in one go. The project will be the first liquidity collector to develop on Cardano.
Orion adds that partnering with Cardano will allow the protocol to achieve “much greater interoperability, scalability and performance of the protocol and each solution.”
Cardano founder Charles Hoskinson says that Alonzo testnet, which will bring smart contract capabilities to the sixth-largest crypto asset, could start early this month.