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Cardano Reaches 111 Million Transactions: Impact on the Ecosystem?

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by Giorgi Kostiuk

5 hours ago


The Cardano network has achieved a significant milestone by surpassing 111 million transactions. This notable event highlights user engagement and the steady growth of the ecosystem.

User Activity Growth

Surpassing 111 million transactions on the Cardano network is a key indicator. This number signifies sustained user activity, support for decentralized applications, and uninterrupted operation of Cardano infrastructure for over seven years.

New Projects and Infrastructure

According to the latest data, the Cardano network now supports 2,005 active projects, with delegated wallets reaching 1.33 million. These figures reflect continued interest in staking and engagement with network services.

Development and Governance

Development parameters for Cardano also show positive changes. A total of 138,996 Plutus scripts and 7,682 Aiken scripts are now active. The number of DReps has increased to 1,377, with 976 being active, indicating ongoing growth in on-chain governance.

Reaching 111 million transactions solidifies Cardano's position as a reliable platform for decentralized applications and staking, while also highlighting an active developer community.

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