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Crypto

Cardano Price Rises 2% Amid Hydra Upgrade

Guavy AI Editorial Team
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ADA
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The price of Cardano (ADA) has risen by 2% on September 12 to $0.208, in line with the broader crypto market's uptrend.

This comes as the Input Output Group released the Hydra 2.4.1 security upgrade on Cardano, patching a fund-stealing vulnerability and validating each transaction.

Despite this upgrade, network activity has weakened, with Total Value Locked (TVL) dropping below 300 million ADA, and active addresses hitting a low of 12,204 since August 17.

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