The Cardano (ADA) blockchain has reached a major milestone, surpassing 100 million transactions. This achievement highlights the platform’s growing adoption and rapid development.
In November, ADA experienced a remarkable 216% price increase, alongside a surge of 2.65 million new transactions. This brought the total transaction count to an impressive 100.57 million.
The network’s ecosystem is also flourishing, now supporting 1,979 projects, with 603 new initiatives added recently. Additionally, over 10.54 million native tokens have been issued on the platform, reflecting its expanding utility.
📰 Cardano Surpasses 100 Million Transactions Amid Network Expansion
🟠 The Cardano (ADA) network has processed over 100 million transactions, reflecting significant growth and adoption
🟠 November saw a 216% surge in ADA's price, accompanied by a 2.65 million increase in… pic.twitter.com/8nGC7bFt2R— Bitcoinsensus (@Bitcoinsensus) December 7, 2024
Cardano Smart Contract Functionality Grows
Cardano’s smart contract capabilities are advancing as well, with Plutus scripts exceeding 100,800. These developments showcase the platform’s progress in enhancing functionality and attracting more developers.
Adding to the momentum, crypto analyst Ali Martinez reported that Cardano whales purchased more than 100 million ADA tokens in a single day on December 5. This substantial investment signals confidence in the blockchain’s future and its potential for further growth.
#Cardano whales bought over 100 million $ADA in the last 24 hours! pic.twitter.com/IrZjA54tGy
— Ali (@ali_charts) December 5, 2024
With these milestones, Cardano continues to solidify its position as a leading blockchain platform, driving innovation and adoption across its ecosystem.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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