Cardano's x402 Update Set to Boost ADA Scalability

Cardano's latest update, x402, is on its way to the mainnet and could have significant implications for ADA's Q4 outlook. The move aims to improve scalability and usability by introducing a new set of rules for the network.

The upgrade is expected to increase the block size limit, allowing more transactions per second. This should help alleviate congestion on the network and provide users with faster transaction times.

According to Cardano's development team, the x402 update will also introduce a new protocol version, which will enable more efficient use of resources on the network.