Cardano Transactions Cross Big Milestone: Details

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Cardano Transactions Cross Big Milestone: Details
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Cardano transactions reach significant milestone ADA $ADA CardanoCommunity CardanoADA

Also, a clear increase was spotted in transaction volumes, pointing to activity.

A major catalyst seems to be the May Hydra upgrade. Hydra is a Layer-2 scaling solution that was created to boost the throughput and scalability of the Cardano blockchain by processing transactions on a sidechain. Also, the total amount of ADA placed in DeFi applications on Cardano has significantly increased and reached new all-time highs of 720.27 million ADA, according to DefiLlama data.The Lace team released v.1.3, which introduces"ADA Handle" support for the regular and personalized handles, which users can test in the preview testing environment. Mithril is also approaching beta launch on the mainnet.

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