🏆 Can Hydra Pay launch drive Cardano (ADA) price up? ⭐ Cardano (ADA) is working on Hydra Pay, a new Layer-2 payment product, hoping to push ADA price up again. This will be a solid recovery opportunity for ADA if well received by the community. 🚀 According to Hydra Pay specifications, transactions will be denominated in ADA and this could cause Cardano trading volume to double. Previous precedents have shown that increased trading volume means a price spike for ADA. Furthermore, as users will have to stake funds before deploying transactions, increased Cardano staking may reduce exchange supply and potentially drive ADA price to peak.