• 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

2 years 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

Ethereum Price Experiences Gains and Faces Resistance

chest

Ethereum price rose above 2,150 but is now correcting gains, with potential support near 2,080.

user avatarSon Min-ho

Crypto Analyst Reveals Bitcoin Roadmap for 2026

chest

A crypto analyst outlines a new roadmap for Bitcoin, forecasting potential market movements and trading strategies.

user avatarTando Nkube

Understanding Market Psychology: Bitcoin Trading Strategies

chest

Nehal discusses market psychology and trading strategies for Bitcoin, predicting significant price movements in the coming months.

user avatarAyman Ben Youssef

SBI Holdings CEO Expresses Confidence in XRP's Future

chest

Yoshitaka Kitao, CEO of SBI Holdings, expresses strong confidence in XRP's future, suggesting it could become very expensive as adoption grows.

user avatarNguyen Van Long

RealFi to Unveil Major Partnership on XRPL

chest

RealFi is set to announce a significant partnership aimed at expanding the XRP Ledger's global reach.

user avatarKofi Adjeman

Strategy's Bitcoin Accumulation Could Reach 184 Million by 2029

chest

Strategy's Bitcoin accumulation could reach 184 million BTC by April 2029, potentially altering market dynamics.

user avatarSatoshi Nakamura

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.