Cardano’s TVL increased by more than 9% in the last 24 hours. ADA's outlook looked bullish in the long run.
One of the key takeaways from the Twitter thread was Cardano’s scaling efforts. The blockchain’s Hydra team is responsible for it, and the team is now preparing for the 0.10.0 mainnet release., the new release could have a larger impact on the ecosystem, as a whole.
Apart from that, the Plutus team worked on new Plutus built-ins to support BLS12-381 curves. This functionality is expected to be available in Plutus v3. Therefore, considering Cardano’s growth on the development front, the possibility of ADA’s TVL uptick seems likely.Meanwhile, a look at Cardano’s key metrics suggested that the network’s health was good.
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