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Cardano's ADA Hits Major Milestone of Over Two Million Wallets

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Tue, 11/02/2021 - 08:46
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Yuri Molchan
The number of ADA wallets has surged 2x compared to May 2021
Cardano's ADA Hits Major Milestone of Over Two Million Wallets
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As of today, Nov. 2, the Cardano community has witnessed a rise of the total amount of ADA wallets to a whopping two million.

The previous all-time high of one million wallets was achieved in late May of this year, as reported by U.Today earlier. On Jan. 1, the ADA community had only 203,519 ADA. Thus, by May 23, the growth was approximately fivefold, and it has grown by another million wallets since May.

On Sept. 2, ADA surged to a new all-time high of $3.10, prior to the launch of the smart contracts feature within the Alonzo upgrade.

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By press time, ADA has declined and is now sitting at $1.95, dropping over 34% from the ATH.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.