According to @eternlwallet, Eternl Wallet has announced new support for Layer 2 solutions on the Cardano blockchain, enabling faster transactions and reduced fees for ADA holders and DeFi traders. This update is expected to enhance trading efficiency and attract more volume to Cardano-based decentralized exchanges, with potential spillover effects on ADA price momentum (Source: @eternlwallet official Twitter, June 2024). Crypto traders are advised to monitor ADA and related Cardano DeFi tokens for increased activity and possible price action following this development.