
Jakarta, Pintu News – Cardano has recorded a milestone by achieving over 111 million transactions on its network, signaling increased adoption and a strengthening ecosystem.
With steady growth in various aspects, from active projects to developer engagement, Cardano shows potential for the next big rally.
Strong on-chain activity and high bullish sentiment from the community add to the evidence that Cardano may be gearing up for a significant upswing.
Cardano continues to show impressive ecosystem growth with over 2,000 active projects now running on its platform.
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The number of wallets delegated reached 1.33 million, showing the community’s continued enthusiasm for staking. This confirms that Cardano is not only growing in the number of users, but also in their active involvement in the ecosystem.
In addition, the development of smart contracts in Cardano has also shown significant acceleration. With nearly 139,000 Plutus scripts and around 7,600 Aiken scripts already deployed, Cardano is proving its capability in innovation and adaptation of blockchain technology.
This increase not only shows technical progress but also the growing confidence of developers in building on the Cardano platform.
In the last 67 days, the Cardano network has managed transactions worth approximately $165 billion, with a total of 276 billion Cardano (ADA) transacted. This indicates not only a high volume of transactions but also significant value being moved through the network.
This activity confirms Cardano’s position as one of the most widely used and trusted blockchains. Cardano’s on-chain governance is also showing strong momentum with 1,377 Delegation Representatives (DReps), of which 976 are active.
This shows that the decision-making process in Cardano is becoming increasingly decentralized and participatory, an indicator of good network health.
Cardano’s community sentiment peaked in the last 30 days, with 93.8% of users on CoinMarketCap feeling bullish. This shows strong confidence in the project, despite short-term price fluctuations.
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More than 22 billion Cardano (ADA) have now been staked, representing more than 62% of the circulating supply, signaling deep community trust and long-term faith in the network. Market analysts are also showing optimism.
A veteran crypto analyst, Lucky, stated that Cardano seems to be reaching higher levels.
Ali Martinez, another analyst, suggested that a daily close above $0.67 could trigger a strong rally, pushing Cardano (ADA) to the $0.83 to $0.91 range.
Overall, with all these indicators, Cardano (ADA) seems to be gearing up for its next phase of growth.
If the current trend continues, and with strong technical and community support, Cardano could soon witness a significant price surge.
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