The milestone of 88.6 million transactions has been achieved by Cardano (ADA), with IOHK playing a crucial role in this advancement. The significant number of transactions demonstrates the increasing impact and durability of Cardano in the blockchain industry.

The recent updates showcase substantial progress in various areas, emphasizing the project's ongoing development efforts. Notable improvements have been made to improve cross-era behavior, specifically in the LocalTxMonitor and HasTx features.

Preparations for the release of node v.8.10 are advancing steadily, with comprehensive changes implemented in consensus, Ledger, and networking elements. This detailed approach highlights Cardano's commitment to establishing a strong foundation.

Furthermore, the launch of Lace v.1.9 by the Lace team introduces multi-wallet and multi-account functionalities, enhancing the overall usability of the platform. This move aligns with Cardano's objective of offering a complete ecosystem for its users.

During the monthly review meeting, progress updates from the Hydra and Mithril teams were presented. The Hydra team focused on rectifying a broken head situation and enhancing Conway forward compatibility, while the Mithril team concentrated on implementing certification for Cardano transactions, further improving the project's capabilities.

In IOHK's latest report, significant statistics were outlined, including the launch of 164 projects, development of 1,353 projects, and the circulation of over 9.86 million native tokens. These numbers reflect the thriving community and expanding ecosystem of Cardano. With 88.6 million transactions completed, ADA continues to strengthen its position as a major player in the crypto landscape.

Source: Essential Cardano