The number of Cardano holders exceeded 5 million for the first time
An increase in the number of users correlates with an increase in the number of decentralized applications and solutions on the network
06.04.2022 - 11:35
311
2 min
0
What’s new? The Cardano network has crossed a new milestone of more than 5 million addresses functioning on the network. . This is reported on Twitter by the analytical company IntoTheBlock.
What were the indicators a year ago? In March 2021, the number of addresses on the Cardano network was around 2,6 million. When comparing the TVL (total value locked) indicators and the number of holders, one sees a surge in the number of addresses due to the integration of smart contract technology into the Cardano blockchain.
What had happened before? At the end of March, the analysts at IntoTheBlock noted that the volume of transfers on the Cardano network increased dramatically. The experts believe that this may indicate a massive purchase of ADA tokens by institutional investors. In 2022, the number of ADA’s token transactions over $100 000 increased by 50 times.
As of Apri 6, 12:50 Moscow time, the asset is trading at $1,14. The daily trading volume of altcoin is $1,2 billion and the market capitalization is $35,6 billion, according to CoinGecko.
Useful material?
Telegram 
Twitter Market
According to the founder of TRON, the leading US crypto exchange asked for several hundred million dollars for the listing of TRX
Nov 4, 2024
Incidents
The company conducted fictitious trading for six years to inflate the trading volume of tokens of several companies, receiving payment for these services
Nov 1, 2024
Market
1,5 million addresses have already left applications
Oct 31, 2024
Business
The company began investing in bitcoin in 2020, and since then, the value of its securities has risen by 1700%
Oct 30, 2024
Mining
The Deputy Energy Minister explained that in deficit regions, it is impossible to allocate large capacities for industry enterprises until 2030
Oct 30, 2024
Market
Customers will also be able to withdraw funds to bank accounts using cards
Oct 30, 2024
Cryptocurrency rates
-
Bitcoin
$69 336
BTC
+2.86%
-
Ethereum
$2 423.92
ETH
+0.06%
-
BNB Smart Chain
$567.33
BSC
+2.38%
-
Ripple
$0.513608
XRP
+1.71%
-
Dogecoin
$0.168973
DOGE
+7.22%
-
Cardano
$0.334574
ADA
+2.15%
-
Bitcoin Cash
$341.81
BCH
+4.31%
-
Polkadot
$3.89
DOT
+3.04%
-
Litecoin
$66.07
LTC
+0.53%
-
Stellar XLM
$0.093637
XLM
+2.76%