🔋 Cardano 94% Network Load / First Hydra Head / Cardano NFTs

🔥 Today's highlights

Cardano Reached 94% Network Load: What You Need to Know - Yesterday, the Cardano network had a 96% load which raised concerns among users. DC Spark's Sebastien Guillemot shared the update on Twitter. However, further details are unknown. (link)

Cardano deploys the first Hydra Head, 3 years after proof-of-concept - Cardano has deployed Hydra Head on its smart contracting platform's mainnet three years after the proof-of-concept was introduced in 2020, marking a significant achievement. This development is essential. (link)

Foreon Network Pitch Deck Release and Upcoming Private Seed Round - Foreon Network has introduced its utility token on the Cardano blockchain, marking a significant milestone for the company. (link)

Cardano NFTs grow from strength to strength - enough to flip Ethereum and Solana? Cardano NFTs have gained traction after a sluggish start to the year, but they are still lagging behind Ethereum's collections in terms of growth. This has been the case for the past few years, despite several achievements by Cardano's blockchain. (link)

Astarter DEX Closed Beta SumUp. Time to wrap up our ADEX V1.0 test with a video summary. 30K+ Applicants / 500+ Invited Testers / 200+ Feedback. Stay tuned for more updates as we gear up to launch the next phase of DEX. (link)

Layer 1 network launches first Hydra head as scalability war intensifies - Cardano released its first Hydra head on its mainnet, however, ADA holders are experiencing losses due to negative market sentiment. Legacy Layer 1 blockchain networks are making efforts to improve scalability and performance to compete with newer solutions. (link)

Data providers available on Atlas: Maestro - To build a transaction on Atlas, live blockchain data access is necessary. Therefore, Atlas must be configured with a data provider to interact with Cardano. (link)

Cardano ADA Dips To 40-Day Low At $0.35, Exploring The Potential For Price Recovery - Cardano's ADA dipped to a 40-day low of $0.3586, raising questions about the potential for a price recovery. (link)

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