ADA Can Now Be Sent to Multiple Addresses in One Go via This Cardano Wallet Feature

ADA

Multiple addresses can now receive ADA at once through this Cardano wallet feature

Based in Cardano Typhoon Wallet received an upgrade to support multi-address transactions. This implies that users can now send ADA or other supported tokens to multiple recipients in a single transaction, reducing transaction costs. Typhon, a blockchain wallet from Cardano, supports sending and receiving CNFT, native tokens as well as tokens with metadata registered with the ledger.

In addition to wallets like Daedalus and Typhon, which run on Cardano, IOG is currently developing Lace wallet for use in all blockchain operations. Users will be able to engage with other users and organizations in a peer-to-peer manner, transferring data and assets without relying on third parties on this forthcoming platform, which will be lightweight while acting as a doorway to web3.0. IOG aims to release the lightweight wallet, Lace, this summer.

Cardano’s price action

The price of ADA has increased by 1.10% since the last day to reach $0.49. Over the weekend, IOHK released data on network growth. A total of 90 projects have recently launched on Cardano, while 1,022 projects are currently under construction on the platform.

There are still 5,868 NFT projects active, and there are now 2,832 Plutus scripts. Over 5.2 million Cardano native assets have now been created.

According to IOHK CTO Romain Pellerin, 50% of stake pool operators have upgraded to the latest Cardano Vasil Node 1.35.0. The testnet upgrade proposal will be presented once 75% of stake pool operators have signed up, according to IOHK.

Cardano’s IOHK announced the good news that it successfully deployed the Cardano node 1.35.0 over the weekend, which it claims will be the last candidate for the mainnet Vasil release.

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