According to Dave (@ItsDave_ADA), the preproduction environment for Hydra protocol is now displaying a metadata label of 55555 deposits, presumed to be incremental. This development signals active testing and potential scaling progress for Cardano’s (ADA) Layer 2 solution. Traders should monitor ADA price movements closely, as successful Hydra integration could enhance Cardano’s transaction throughput and attract increased investor interest. Source: @ItsDave_ADA on Twitter, June 16, 2025.

According to Dave (@ItsDave_ADA), ADA Handle has integrated DRep search functionality, allowing users to find DReps using user-friendly ADA Handles instead of complex DRep IDs. This update streamlines participation in Cardano’s governance process, reducing friction for token holders and potentially increasing voter engagement. For traders, the move may boost ADA’s ecosystem activity and user retention, which are positive signals for long-term value and network growth (source: @ItsDave_ADA on Twitter, May 7, 2025).