The total number of ADA wallets has already surpassed two million in the Cardano community as of today, Nov. 2.
The previous all-time high of one million wallets was set in late May of this year, according to the company. On January 1, the ADA community has a total of 203,519 members. The rise was nearly fivefold by May 23, and it has continued to expand by another million wallets every month since then.
🎉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 #[email protected]_Gregaard @IOHK_Charles @IOHKMedia @InputOutputHK pic.twitter.com/x40pri9tjN— Cardano Community (@Cardano) November 1, 2021
On September 2, ADA rocketed to a new all-time high of $3.10, only days before the deployment of the smart contracts feature included in the Alonzo update, which was announced on September 3. By the time this article went to press, ADA had fallen to $1.95, a decrease of almost 34% from its all-time high.