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Cardano Reaches 111 Million Transactions and Expands Ecosystem

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by Giorgi Kostiuk

5 hours ago


Cardano, a popular blockchain platform, has officially surpassed the 111 million transaction mark, showcasing user growth and interest.

Key Achievements of Cardano

Cardano has shown significant growth, reaching 111 million transactions. This indicates a rising interest in the platform and its decentralized applications.

Development of Cardano's Ecosystem

The Cardano ecosystem continues to expand, currently boasting 2,005 active projects. The number of delegated wallets stands at 1.33 million, indicating sustained interest in staking. Smart contract development is accelerating, with 138,996 Plutus scripts and 7,682 Aiken scripts deployed.

Future Prospects for Cardano

On-chain activity in the Cardano network continues to grow. The number of DRep delegates has increased to 1,377, with 976 currently active. Developer engagement has surged by 27%, with 259 GitHub commits last week. Currently, the network has processed 276 billion ADA in transactions worth approximately $165 billion.

Overall, Cardano demonstrates impressive results in both transaction volume and ecosystem growth, creating positive expectations for the platform's future.

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