• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cardano Grows in August: More Transactions, Wallets, and Tokens

user avatar

by Giorgi Kostiuk

a year ago


  1. Growth of the Cardano Ecosystem
  2. Updates on Projects and Scripts
  3. Achievements and New Releases

  4. Cardano Foundation released on-chain statistics for August 2024, showing steady growth across the Cardano ecosystem.

    Growth of the Cardano Ecosystem

    According to data published by the Cardano Foundation, transactions on the Cardano network increased by 1.51% in August, reaching 95.9 million. The number of wallets grew by 0.67%, totaling 4.87 million. There was also a 0.98% increase in delegated wallets, reaching 1.33 million.

    Updates on Projects and Scripts

    The number of Plutus scripts increased by 0.75%, reaching 6,709, while the number of native tokens grew by 0.85%, totaling 10.3 million. Policies saw a 6.53% increase, totaling 160,299. Among transaction types, 31% were smart contracts, 49% were simple transactions, and 20% were metadata without smart contracts.

    Achievements and New Releases

    Input Output Global (IOG) released an August development update, highlighting major achievements. As of the end of August 2024, 1,373 projects are currently building on the Cardano platform. Token policies increased by 8,375, and the number of minted native tokens reached 110,000. Plutus scripts grew by 5,995, totaling 74,729. The total number of transactions increased by 1.5 million. The ledger team continued working towards the Conway era, while the Lace team released version 1.14 with enhanced wallet functionality. The Hydra team released version 0.18.0 and continued work to support Hydra Doom.

    August 2024 statistics show a confident growth of the Cardano ecosystem, indicating successful efforts in developing projects and implementing new functionalities.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Gemini Titan Receives CFTC Approval to Launch Prediction Markets

chest

Gemini Titan has received approval from the CFTC to operate a Designated Contract Market, allowing it to offer regulated prediction markets in the U.S.

user avatarNguyen Van Long

DTCC to Expand Digital Asset Services in 2024

chest

DTCC plans to expand its digital asset services in 2024 by enhancing recordkeeping capabilities through blockchain technology.

user avatarSatoshi Nakamura

CFTC Withdraws 2020 Guidance on Digital Asset Delivery

chest

CFTC withdraws 2020 guidance on digital asset delivery, enhancing US market adaptability and competitiveness.

user avatarJesper Sørensen

Ankr's Support Vital for Chiliz Blockchain Growth

chest

Ankr plays a crucial role in supporting the infrastructure of the Chiliz blockchain, aiding its growth in the Web3 space.

user avatarLucas Weissmann

Chiliz CHZ Reaches Key Support Level Indicating Potential Price Surge

chest

Chiliz CHZ has found solid support at a critical price level, suggesting a possible price increase of up to 200%. Analysts are closely monitoring the cryptocurrency as it has reached a critical price support level.

user avatarRajesh Kumar

CFTC Provides Regulatory Relief for Event Contracts

chest

The CFTC's staff issued a no-action letter providing relief on data reporting obligations for binary and variable payout event contracts executed on QCX LLC.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.