Cardano and Ronin Networks Are Integrated into Trust Wallet, What Might It Bring Them?

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Gamza Khan­zadaev

KuCoin’s Com­mu­ni­ty Chain (KCC) is now also sup­port­ed in non­cus­to­di­al wallet

Yes­ter­day at an event called TrustTues­days, Trust Wal­let (TWT) announced the inte­gra­tion of net­works such as Car­dano (ADA), Ronin Net­work (AXS, RON) and KuCoin Com­mu­ni­ty Chain (KCS). With the inte­gra­tion, users will be able to seam­less­ly hold, exchange and con­vert tokens from these net­works using the Trust Wal­let. Inte­grat­ing into a non­cus­to­di­al wal­let patron­ized by one of the largest cryp­to exchanges, Binance, seems like a good solu­tion for all parties.

Car­dano has long estab­lished itself as an inde­pen­dent, active­ly devel­op­ing blockchain, which has also suc­ceed­ed well in the NFT seg­ment. At the same time, it seems that Car­dano-based projects and their tokens have long been in the shad­ow of ADA, and sup­port­ing them in Trust Wal­let could help them grow in recognition.

The expan­sion of sup­port for the Ronin net­work is equal­ly great news, because the net­work was built direct­ly for the needs of play-to-earn projects, and extend­ing it beyond its own wal­let should have a pos­i­tive impact on the cir­cu­la­tion of net­work tokens such as AXS and RON, active­ly used in the Axie Infin­i­ty game.

KuCoin also seems to be doing great, when no ear­li­er than yes­ter­day it became known that the exchange reached the mark of 20 mil­lion reg­is­tered users. This should encour­age the project team to work more active­ly on its own KCC net­work, which is still most­ly lim­it­ed to KCS token.

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Trust Wallet strengthens its position on the eve of the “wallet battle”

As for Trust Wal­let itself, it is hard not to appre­ci­ate the scale of the announce­ment: three such pop­u­lar chains in one day. The wal­let’s team is active­ly prepar­ing for bat­tle in the cryp­to wal­lets mar­ket. The main com­peti­tor here is cer­tain­ly Meta­mask, whose token has been wait­ing for the cryp­tocur­ren­cy com­mu­ni­ty for a long time. Giv­en the planned imple­men­ta­tion of THOR­Chain’s (RUNE) cross-chain swaps and the upcom­ing brows­er exten­sion, it looks like Trust Wal­let has ambi­tions to com­pete on par with Metamask.

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