Post
Topic
Board Altcoin Discussion
Topic OP
Hydra Event to boost Cardano Price?
by
Pam beasely
on 17/12/2022, 05:42:12 UTC
Cardano hydra update

Hydra is the next upcoming upgrade of Cardano for layer 2 scalability solution, its mainly aims to increase transaction speed through low latency and high throughput which also offers minimized transaction cost.

What will hydra do for Cardano
The price of Cardano (ADA) has certainly not seen a favorable price action following the Hydra announcement, as the price proceeds to decline constantly. However, a more negative impulse is prepared to fit on the price due to which, the ADA price may develop new lows before the end of 2022.

Quote
Cardano could reach the $1 mark by the year 2024 and cardano price prediction for 2023 is $0.71.

In spite of massive bearish clouds hovering over the ADA price, the token is believed to surge any time from now.