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Cardano scaling protocol Hydra has recorded a major milestone after surpassing the 1 million transactions per second (TPS) threshold.
Hydra’s proficiency has scaled impressively while being tested in the latest Doom gaming competition. Earlier today, the protocol broke the 1 million transactions per second (TPS) mark, becoming one of the fastest in the crypto ecosystem.
Hydra Hits Major Transaction Milestone
On its own, Cardano is one of the fastest layer-1 networks out there, with an impressive TPS capability.
Meanwhile, Cardano introduced the Hydra Head to improve the network’s scalability further, testing the protocol with the latest Hydra Doom tournament. Notably, the Cardano team launched the 90’s FPS game Doom on Hydra in August, with each frame of the game a transaction on the protocol.
Meanwhile, as the tournament progressed, Hydra’s transaction acumen grew. The team announced today that with over 25,000 concurrent players, the Cardano scaling solution has surpassed 1 million TPS, trouncing earlier assertions that the protocol cannot attain the milestone.
BREAKING: 1,000,000 TPS achieved on hydra!
Cardano is just getting started! pic.twitter.com/JlCNHFpP8C
— Dan Gambardello (@cryptorecruitr) December 4, 2024
It bears mentioning that Hydra’s new record is in a game test. The protocol’s theoretical throughput will be well-tested in a real-life simulation with users transacting on it.
Cardano’s Unique Active Addresses Surge
Meanwhile, the impressive Hydra TPS coincided with an uptick in the on-chain activities in the Cardano ecosystem. The popular Benjamin Cowen, who predicted the famous ADA fall to 400 SATS, disclosed this bullish development on the ecosystem.
In a tweet today, Cowen shared a chart indicating a daily surge in unique addresses active on the Cardano network. The chart shows that active address count on the Cardano network has grown substantially, recently surging to over 100,000 unique wallets.
Unsurprisingly, active user participation has spurred a bullish uptick in Cardano, with its price surging to a multi-month high of $1.3264 before retracing to around $1.2274 at press time. Meanwhile, a continuation of this trend would foster further price upticks, with analysts speculating a realistic surge to $10.