When compared to May 2021, the number of ADA wallets has increased by double.
Today’s date, November 2, marks a massive success for the Cardano Community as the total number of Cardano wallets has surpassed two million.
They took to Twitter to express their excitement:
🎉OVER 2 MILLION ADA WALLETS🥳️
It wasn't long ago that we were celebrating hitting our 1 million mark and now we hit a whopping 2 million #ada wallets!#Cardano #CardanoCommunity@F_Gregaard @IOHK_Charles @IOHKMedia @InputOutputHK pic.twitter.com/x40pri9tjN
— Cardano Community (@Cardano) November 1, 2021
The last record of 1 million wallets was witnessed recently, in May of this year, according to U.Today.
The ADA community started the year small, with only 203,519 ADA at the beginning of January. The growth had nearly grown five times by May 23 and since that time it has increased by an extra million wallets.
Prior to the implementation of the smart contracts functionality within the Alonzo update on Sept. 2, ADA rocketed to a new all-time high of $3.10.
By the time this article was published, ADA had fallen to $1.95, a reduction of over 34% from the ATH.