$ADA Cardano has launched the Hydra 2.4.1 upgrade, with a strong focus on improving network security and performance.
Meanwhile, Cardano’s stablecoin supply has reached a record $68.2 million, rising significantly from this year’s low of $36 million.
ADA is currently trading around $0.2080, about 53% above its yearly low. However, Cardano’s Total Value Locked (TVL) has dropped to around $54 million, marking its lowest level since 2023.
Overall, the Hydra upgrade and growing stablecoin supply are positive developments for Cardano, while declining TVL remains an important challenge for the network.
#ADA #Cardano $ADA
Meanwhile, Cardano’s stablecoin supply has reached a record $68.2 million, rising significantly from this year’s low of $36 million.
ADA is currently trading around $0.2080, about 53% above its yearly low. However, Cardano’s Total Value Locked (TVL) has dropped to around $54 million, marking its lowest level since 2023.
Overall, the Hydra upgrade and growing stablecoin supply are positive developments for Cardano, while declining TVL remains an important challenge for the network.
#ADA #Cardano $ADA