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Over 2000 Projects Actively Developed on Cardano (ADA) Platform

Over 2000 Projects Actively Developed on Cardano (ADA) Platform

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by Giorgi Kostiuk

15 hours ago


Cardano (ADA) has reached a significant milestone in decentralized applications development, registering over 2000 active projects on its platform. The state of development and progress of the system is confirmed by the latest report from Input Output.

Number of Decentralized Applications on Cardano (ADA) Exceeds 2000

Currently, 2004 cryptocurrency products are actively working on Cardano's (ADA) smart contracts, according to the latest development report from Input Output. These projects operate over 138,000 Plutus scripts, indicating a growth of 0.22% in the last week.

Increase in Validators and Infrastructure Enhancements

The Cardano (ADA) validation ecosystem also shows growth: there are 1352 DReps (validators) registered on the platform, with 967 being active. The number of validators increased by 0.44% in a week. Cardano developers are preparing significant updates to the software architecture, including a new tracing system for network nodes.

Token Issuance Parameters and Development Forecast

Cardano (ADA) is known for its unique native token structure, with over 10.8 million tokens actively available on the platform, a record for all Layer-1 blockchains. The total number of transactions on Cardano accounts has reached 110 million. The price of Cardano (ADA) currently stands at $0.63.

Thus, Cardano's (ADA) achievements in decentralized applications and active developments reaffirm its significance in the blockchain industry. The platform continues to improve and evolve, attracting new participants and projects.

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