Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets

On November 2, the Cardano Foundation announced that the number of Cardano (ADA) wallets has surpassed 2 million. The team is developing Hydra, Cardano’s Layer 2 Scalability Solution in order to enhance the scalability of the blockchain. The project is still undergoing research and development, with no exact launch date.