Cardano Releases Upbeat On-Chain Statistics For September

Cardano is releasing some on-chain data as the first month of fall comes to an end. The data presented shows that transaction volumes increased by 51.3%, metadata increased by 23.6%, and smart contract usage increased by 11% with metadata and 14% without.

More specifically, there were 51.2 million transactions, an increase of 4.2% from August. The total number of wallets climbed by 1.34% at the same time as the proportion of wallets using ADA for staking rose by 3.4%.

As a result, 1.22 million of the 3.6 million ADA wallets are currently actively participating in staking and supporting the network’s operations. Input Output formerly offered statistics affecting the number of Cardano-based projects in addition to this information. It states that there are currently 1,113 projects on blockchain, 100 of which debuted in September. More than 6.1 million tokens, 3,307 scripts, and 62,162 token policies are part of the Cardano ecosystem.

The Cardano era is approaching

Soon after the Vasil hard fork, which took place in the final weeks of September, became well-known in the cryptocurrency community, Charles Hoskinson began referring to a new era in the history of blockchain technology called the Voltaire age.

The introduction of the following technologies, according to the founder of Cardano, will demonstrate proper decentralized governance to everyone. By the end of the following year, when Cardano as a project will be six years old, the following phase is anticipated to be put into practice.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

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Annie

CoinCu News

Cardano Releases Upbeat On-Chain Statistics For September

Cardano is releasing some on-chain data as the first month of fall comes to an end. The data presented shows that transaction volumes increased by 51.3%, metadata increased by 23.6%, and smart contract usage increased by 11% with metadata and 14% without.

More specifically, there were 51.2 million transactions, an increase of 4.2% from August. The total number of wallets climbed by 1.34% at the same time as the proportion of wallets using ADA for staking rose by 3.4%.

As a result, 1.22 million of the 3.6 million ADA wallets are currently actively participating in staking and supporting the network’s operations. Input Output formerly offered statistics affecting the number of Cardano-based projects in addition to this information. It states that there are currently 1,113 projects on blockchain, 100 of which debuted in September. More than 6.1 million tokens, 3,307 scripts, and 62,162 token policies are part of the Cardano ecosystem.

The Cardano era is approaching

Soon after the Vasil hard fork, which took place in the final weeks of September, became well-known in the cryptocurrency community, Charles Hoskinson began referring to a new era in the history of blockchain technology called the Voltaire age.

The introduction of the following technologies, according to the founder of Cardano, will demonstrate proper decentralized governance to everyone. By the end of the following year, when Cardano as a project will be six years old, the following phase is anticipated to be put into practice.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

CoinCu News

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