Cardano Network Activity Surges to 111 Million Transactions, Will ADA Follow?

Jakarta, Pintu News – The Cardano network recently recorded a significant increase in activity with total weekly transactions reaching 111 million, according to the weekly development report released on July 4, 2025. This increase reflects a growth of 0.2% from the previous week. With an increase in the number of smart contracts being implemented, many are wondering if the Cardano digital currency (ADA) will experience a price spike in response.

Cardano Report Details

The report shows an increase in the number of delegated reps (DReps) by 1,377%, as well as a 27% jump in GitHub commits, reaching 259 commits. This increase indicates more intensive development activity compared to the previous week. In addition, the Mithril team successfully implemented publication and consumption for the DMQ network, as well as completing the stabilization of the Cardano database backend version 2.

The Leios team has conducted experiments to test different protocol variants, bandwidth requirements, and conflict handling. They have also completed a comprehensive analysis of nine candidate Leios variants with different sharding strategies. This shows significant progress in network scalability and efficiency efforts.

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Updates from the Education Team and Other Projects

The Cardano Education team spent the week assessing feedback from the Cardano Days event held at the Institute of Science, Tokyo. This information is crucial in preparation for the next event to be held in September at the Wyoming Blockchain Stampede. In addition, the team is also working on the Cardano Education Program (CEP) and Mastering Cardano, which aim to increase blockchain-related understanding and skills among the general public.

Market Reaction to Increased Activity

In response to this increased activity, the price of Cardano (ADA) has also increased by 0.5% in the last 24 hours and 2% in the last seven days, with the current trading price being $0.57. If this momentum continues, it is possible that Cardano (ADA) could reach the $0.6 resistance level again. However, challenges remain given that daily trading volume has decreased by 25%.

Conclusion

With the various achievements that Cardano has recorded in recent weeks, including the full integration of Bitcoin (BTC) within the Lace wallet, Cardano’s future prospects are looking bright. The strategic steps taken by the developers and support team continue to demonstrate their commitment to innovation and continuous improvement in the blockchain ecosystem.

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Reference

• Crypto News Flash. Cardano Network Activity Surges Past 111 Million – Will ADA Follow with a Price Spike?. Accessed on July 7, 2025