Cardano price rose to a ten-day high as most altcoins rebounded, and after Charles Hoskinson unveiled a partnership with Globant.
Cardano (ADA) rose to $0.80 on Saturday, up by about 55% from its lowest level this month. At last check, its market cap is around $28.5 billion with a fully diluted valuation of $35.7 billion.
Cardano partners with Globant
Cardano’s rise also happened after founder Charles Hoskinson confirmed that they had reached a deal with Globant, a publicly traded company with a market cap of almost $10 billion.
Hoskinson said that the deal will see the company use Cardano’s blockchain to build decentralized applications. Cardano and Globant will launch AI projects and applications in the near term as part of the deal.
