<ul><li>Cardano has launched its first Bitcoin DeFi protocol, Cardinal, allowing BTC to be used in DeFi on the Cardano network without bridges.</li><li>The launch of Cardinal resulted in a surge in ADA's price and trading volume, with a price increase of nearly 4% and a trading volume exceeding $700 million.</li><li>Cardinal enables secure, non-custodial BTC staking and lending through MuSig2 multi-signature technology.</li><li>Major Cardano DeFi platforms like MinswapDEX, SundaeSwap, and Fluid Tokens have already integrated Cardinal to offer users the ability to farm, lend, and trade Bitcoin-linked assets directly.</li></ul>

ADA price jumps as Cardano launches first Bitcoin DeFi protocol

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