Cardano (ADA) Sees An Increase Of 6,000 Holders In Two Weeks

According to BscScan, the number of Binance-Peg Cardano token holders now stands at 506,404 addresses and is growing. In comparison, there were 6,000 fewer in the figure at the beginning of December, representing a 1.1% rise.

On the BNB Chain network, major asset holders have once more made ADA, Cardano’s native coin, one of their top purchases. The top 100 investors in this group bought ADA for an average of 10,308 tokens ($2,750), over the course of the previous 24 hours, according to WhaleStats.

Besides, BNB Chain whales purchase the wrapped form of the Cardano token, which at the moment makes up 0.67% of their overall holdings. While, 19.34 million ADA, equivalent to $5.15 million, are contained in their holdings.

Additionally, there have been considerable increases in the number of smart contracts created on the Plutus Cardano platform, which has nearly reached the 5,000 smart contract milestone after adding another 400 in the previous week.

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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