• 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

Dailycoin Emphasizes Strict Editorial Policy

chest

Dailycoin emphasizes its strict editorial policy prioritizing accuracy and impartiality.

user avatarTenzin Dorje

New Editorial Policy at Decrypt Focuses on Accuracy and Impartiality

chest

Decrypt has introduced a strict editorial policy that emphasizes accuracy, relevance, and impartiality in its reporting.

user avatarBayarjavkhlan Ganbaatar

Coindesk Emphasizes Strict Editorial Policy

chest

Coindesk emphasizes its strict editorial policy prioritizing accuracy and impartiality.

user avatarMohamed Farouk

Amazon Stock Faces Volatility Amid Analyst Buy Rating

chest

Amazon's stock opened at 232 after a significant decline, but Wells Fargo has issued a buy rating, predicting a potential rise.

user avatarElias Mukuru

ANSEM Surges in Market Capitalization

chest

ANSEM has rapidly increased its market capitalization from approximately $4 million to over $97 million in just 11 days.

user avatarDiego Alvarez

Chainlink Sees Significant Surge in Wallet Growth

chest

Chainlink added 6,100 new wallet addresses in just two days, indicating significant network activity growth amidst a challenging market.

user avatarKenji Takahashi

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.