Cardano Reaches 8M Native Tokens and 4M Unique Wallets – Price Set to Rise?
Cardano Reaches 8 Million Native Tokens and 4 Million Wallets
- Cardano has reached 8 million native tokens, 4 million wallets and 64 million transactions in March.
- The network’s users have increased by 2.96% while wallets hosted by Cardano are now sitting at 4.02 million.
- Plutus scripts on the Cardano network have crossed 5,000 after surging by 1.67% in March.
Surge of Cardano’s Network
According to its most recent Monthly On-chain statistics, unique wallets on the Cardano network have crossed 4 million, while transactions carried out in March have hit 64 million. The number of users on the Cardano network has increased by 2.96%, bringing the total number of wallets hosted up to 4.02 million, with a 0.49% increase in delegated wallets amounting to 1.28 million. The number of native tokens on the blockchain has also soared by 2.63%, coming to 8.07 million. Plutus scripts on Cardano have taken an upclimb, reaching 5,234 after surging by 1.67%.
Expectations for ADA Price
As the Cardano blockchain continues to expand its reach and development, expectations for ADA price are high as community members maintain optimism that on-chain performance can influence ADA’s price in April 2021 and beyond.