Cardano founder Charles Hoskinson believes that the Cardano-based Lace wallet is likely to become a “powerhouse” in 2025.
As 2024 comes to a close, many crypto industry participants are wondering what catalysts will propel their various ecosystems to new heights in 2025. Such a catalyst for the Cardano The ecosystem may have been recently discovered.
“A powerhouse”
Cardano founder Charles Hoskinson has called Lace, the feature-rich light wallet from Input Output, the lead developers of the Cardano network, a “powerhouse” for the ecosystem in 2025.
Hoskinson expressed this opinion on Tuesday, December 24, in response to statements from the wallet that the Nami migration, which refers to the migration of users from Nami to Lace, is “in full swing” and that more and more users are choosing the latter would take over.
Lace finally has some momentum. I’m really happy that Nami mode works so well. Lace in 2025 will be a powerhouse for the Cardano ecosystem
— Charles Hoskinson (@IOHK_Charles) December 24, 2024
Nami is one of Cardano’s most popular wallets. with over 200,000 users. Input Output absorbed the wallet An embedded mode will be introduced in 2023, allowing users to stay with the Nami UX they’ve fallen in love with while enjoying all the new benefits Lace promises, including greater security, transaction bundling, and easy governance access .
Hoskinson’s statements come at a time when proponents expect Lace to serve as a user-friendly, feature-rich portal to the Cardano network, making the ecosystem more accessible to millions of users.
However, at the time of writing, the wallet is only available as…
