Cardano Has 1,146 Projects Under Construction

Cardano powers 1,146 projects, but that’s just the tip of the iceberg in terms of the good news you’ll hear about in this article.

According to Olga Hryniuk, who works in the Marketing and Communications department of IO Global (IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), there are currently (as of the date of the report) 106 projects launched on this network, 1,146 projects building on, 6.9 million tokens, and 3,759 Plutus scripts, and there have been over 55.3 million transactions.

For comparison, here are the figures reported by IOG in the firm Weekly Report for the week ending September 30, 2022:

On Thursday (November 24, 2022), two Cardano-powered projects — Ardana and Orbis — unexpectedly came to a halt, but this does not appear to have dampened the enthusiasm, passion, and optimism of the Cardano community, owing to the ecosystem’s rich depth.

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.

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