Coinbase custody will support Cardano staking this year.

[roberthays]

Cardano have announced that they have made an agreement with Coinbase custody to support Cardano staking. Users will be able to stake their ADA tokens from inside Coinbase's cold storage this year. Coinbase custody's head of product said their regulated product would help projects, like Cardano, find more mainstream acceptance.

Edit, source: https://www.coindesk.com/coinbase-custody-to-allow-secure-cardano-staking-later-this-year

[target]

You might wanna add a source link to that announcement. ADA had started going up last month if this news is true it could go up further after this. This is one of the project they were saying as ETH killer. Not that we want ETH dead but I'd like to see more of the project. ADA isn't in the dappsradar yet it would be good to see it starts with a Defi project.

[Chuky92]

ADA is one of the few major projects whose team really knows what they want and what they want to achieve. I once came across a post where projects team were ranked based on the performance and all that, and as such, their (ADA) team performance was very impressive. Really, projects whose team are active will always be growing and this is also the case of Ethereum which is still the reason ETH keeps maintaining its position. Nevertheless, I also believe this staking option on Coinbase will surely bring more exposure and hence more adoption to ADA because it is really worth it.

[serjent05]

This is great news for ADA holder.  After several hiccups, now they had push something big.  I used to be a holder of ADA but due to their poor performance in the previous months, I sold all my holdings.  It's not that I regret my decision since I gain from those trades, its that I am happy for the ADA holder for at last ADA did something big this time.

[babygun]

Great news; I like cardano, but I don't see it as an ethereum killer.
If coinbase will add staking on ADA, other major exchanges will most likely follow, which will have a positive influence on the price.

[jossiel]

A piece of continuous good news about ADA this time and if, Coinbase will do that. The news for other exchanges will also happen, they will probably support the feature of staking for ADA too.

And as exchanges, the hardware wallets will also do the same staking if it happens. The trend is followed by one service to another service. Needless to say, this will cause a pump for ADA.

[niisarearning]

Cardano(ADA) is one of the project is regularly making progress even i started accumulating small fraction bit by bit staking cardano in my savings apart from ethereum for ethereum 2.0 . Cardano CEO web event seen recently in some of the youtube channel it really made me to think to invest on Cardano . If the coinbase staking starts it will raise value . Some of the project we really want to look one is cardano for the future.