The Quantity of Cardano Native Assets Now Surpasses 5 Million!

The Quantity of Cardano Native Assets Now Surpasses 5 Million

Over five million NFTs have been minted on the Cardano network. The quantity of native assets minted on the Cardano blockchain is now 5,019,030, according to pool.pm statistics, with 54,831 different minting policies.

Custom tokens may be created, interacted with, and deleted directly on the Cardano blockchain.

Cardano developer Charles Hoskinson anticipated that by 2020, the Cardano ecosystem will include “hundreds of assets, thousands of dApps, tons of interesting projects, and lots of unique and utility,” according to Hoskinson.

When responding to a critic who claimed that the prognosis had failed to materialize, Hoskinson brought up the 2020 prediction again, pointing out that millions of assets have been created on this blockchain.

The blockchain has the greatest 24-hour adjusted volume of transactions, according to Messari statistics. Adjusted transaction volume is still an effective approach to isolate just the most crucial transactions.

With a 24-hour volume of $9.15 billion, Cardano beat rival cryptocurrencies like Bitcoin and Litecoin in adjusted transaction volumes. This phrase was recently posted by its founder Charles Hoskinson in response to a critic who referred to Cardano as “Ghostchain.”

On May 27, the ADA price fell to $0.44 before rebounding. At the time of writing, ADA was trading at $0.519, up over 10% on the day, putting it on track to be the third day in a row with positive price activity. The new price hike reflects a more than 33% increase over its lowest price of roughly $0.39 earlier this month.

IOHK released the network’s most recent data over the weekend. The blockchain is now being used in 986 projects, up from 943 earlier. The blockchain has recently seen the introduction of 88 new projects, bringing the total number of NFT projects to 5,727. The overall number of Github connections for the week was 3,028.

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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