Cardano’s 111 Million Transactions: A Milestone or Just Another Number? 🤔

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Well, well, well, what do we have here? Cardano, that grand experiment in blockchain, has officially surpassed 111 million transactions. 🎉 One might say it’s a major milestone, but I reckon it’s just another number in the grand scheme of things. More folks are using Cardano, playing with its dApps, and the network is growing stronger and more reliable. Or so they say. 🙄

BREAKING: Cardano $ADA has now processed over 111 million transactions—secure, scalable, and built for the long game.

— TapTools (@TapTools) July 3, 2025

Cardano Shows Strong Ecosystem Growth

Cardano’s ecosystem, you ask? It’s expanding steadily, like a slow-moving river. It now boasts 2,005 active projects. The number of delegated wallets remains strong at 1.33 million, which shows sustained interest in staking. Smart contract development is also accelerating, with 138,996 Plutus scripts and 7,682 Aiken scripts deployed. Impressive, I suppose, if you’re into that sort of thing. 🤷‍♂️

Another week, another Cardano development update, now live on Essential Cardano. Check this week’s highlights and get the latest on core technology, wallets and services, smart contracts, and scaling and governance developments.

— Input Output (@InputOutputHK) July 4, 2025

Strong On-Chain Activity

On-chain governance, you say? It’s showing momentum, as DReps have increased to 1,377, with 976 currently active. The developer engagement has also surged by 27%, with 259 GitHub commits last week. In the past 67 days, the Cardano network has handled 276 billion ADA in transactions worth around $165 billion based on average market prices. This highlights Cardano’s strong on-chain activity, or so they tell me. 🤔

Cardano community sentiment also hit a 30-day high, with 93.8% of users on CoinMarketCap feeling bullish. Despite the short-term price swings, the confidence in the project remains strong. Over 22 billion ADA is now staked, which represents more than 62% of Cardano’s circulating supply. This strong staking activity reflects deep community trust and long-term confidence in the Cardano network. Or maybe they just like the idea of free money. 🤑

Also, Brave Browser, which integrated Cardano in beta, now has over 91 million monthly users. Its support for Cardano and the upcoming Midnight sidechain highlights growing utility and reach beyond the blockchain. Or maybe it’s just a clever marketing ploy. 🤷‍♀️

Experts Predict ADA Could Rally Toward $0.91

A veteran crypto analyst named Lucky, who probably has a lucky rabbit’s foot, has expressed a bullish outlook on Cardano, saying it is “screaming for higher levels.” Crypto analyst Ali Martinez recently shared that a daily close above $0.67 could trigger a strong rally for Cardano, pushing it into the $0.83–$0.91 range. It’s currently trading at $0.5732, down 1.6% in the last 24 hours. Cardano’s bullish sentiment is echoing its epic 2020 rally. Analysts say that the current setup feels similar, and if ADA breaks above $0.80, another big move could be on the horizon. Or maybe it’s just a mirage in the crypto desert. 🌵

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2025-07-05 15:52