As a seasoned analyst with over two decades of experience in the dynamic world of blockchain and cryptocurrencies, I find myself consistently impressed by the remarkable progress Cardano has made since its inception seven years ago. The approaching 100 million transaction milestone is not just a number, but a testament to the robust ecosystem that has been painstakingly built over time.
Approaching a monumental moment in its history, the Cardano network is nearing 100 million transaction milestone, as confirmed by the latest report from Input Output Global (IOG), the Cardano developers. So far, the network has successfully processed 99.07 million transactions.
This milestone underscores the increasing popularity and bustling action within the Cardano network. Over the last seven years, Cardano has undergone substantial transformation, experiencing regular updates and the addition of novel functionalities.
As a crypto investor, I’m consistently amazed by the vibrant growth of the Cardano ecosystem. With over 10.5 million native tokens in circulation, it’s home to an impressive 1,973 projects, all leveraging its powerful platform. Furthermore, there are 1.314 million delegated wallets and 94,835 Plutus scripts, demonstrating the extensive use and development on this dynamic blockchain.
The history of Cardano is characterized by significant updates, with the latest one being the Chang hard fork. This update introduces decentralized management to the Cardano blockchain. These improvements have not only boosted the network’s functionality but also drawn a wide variety of projects and users towards it.
As a dedicated member of the Cardano community with a stake in the game, I can’t help but feel a surge of excitement as we inch closer to the monumental 100 million transaction milestone. This significant achievement, once reached, will undoubtedly etch a lasting mark in the annals of the Cardano network.
Cardano price skyrockets
Over the last 24 hours, Cardano (ADA) has experienced a significant jump of over 15%, continuing an uptrend that started on November 5. This surge follows the announcement by Cardano’s founder, Charles Hoskinson, about his intention to influence U.S. cryptocurrency policy. This news has fueled increased speculation among investors regarding the potential growth of Cardano.
For approximately four months, Cardano had been following a pattern of trading within a specific range. However, starting from November 5th, it started to significantly increase in value. This upward trend has persisted for 12 out of the last 13 days since then, with green or positive daily gains being recorded.
Today’s trading saw new peaks at $0.784, a price point last observed back in March 2024. Over the past week, ADA has experienced a remarkable increase, currently standing 75% higher than its previous levels.
In an exciting turn of events, Charles Hoskinson, the founder of Cardano, has shared that he recently paid a visit to the SpaceX team. During this trip, he got a comprehensive tour of their entire facility. Due to a confidentiality agreement (NDA), Hoskinson did not disclose specific details about his visit. However, he hinted at ongoing discussions and promised to reveal more once permitted.
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2024-11-16 19:05