Cardano reaches milestone of more than two million wallets

More than two million wallets have now been created. That means the number of ADA wallets has doubled compared to May 2021.

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Wallet record

Cardano is celebrating today as more than 2 million accounts have been created as of today.

🎉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 wallet!#Cardano #CardanoCommunity@F_Gregaard @IOHK_Charles @IOHKMedia @InputOutputHK pic.twitter.com/x40pri9tjN

— Cardano Community (@Cardano) Nov 1, 2021

The previous milestone of one million wallets was reached at the end of May this year. As of January 1, the ADA community had only 203,519 wallets. This is a sign that the network is experiencing rapid growth.

On September 2, ADA rose to a new all-time high of $3.10, ahead of the launch of the smart contract feature within the Alonzo upgrade. Meanwhile, ADA has fallen and now stands at $1.95, down more than 34% from its all-time high.

Despite the price drop, investors are still positive about the network. Reaching the 2 million wallets shows that Cardano is more alive than ever.