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Charles Hoskinson, founder of Cardano, predicts that the Lace wallet will become a significant player in the ecosystem by 2025, as it transitions users from the popular Nami wallet. While Lace offers enhanced features like improved security and governance access, concerns about monopolization within the Cardano community have emerged. Despite the optimism surrounding Lace, Cardano's ADA token continues to face bearish trends, with recent price drops and declining trading volumes.

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