111 Million Transactions: What This Milestone Means for Cardano

Key Points

1. Cardano's network supports 2,005 active projects and 1.33 million delegated wallets, indicating strong ecosystem growth.

2. Smart contract deployment is increasing, with 138,996 Plutus scripts and 7,682 Aiken scripts now active.

3. The number of DReps has risen to 1,377 (976 active), reflecting expansion in on-chain governance.

4. A 27% increase in GitHub commits (259 total) demonstrates the community's dedication to Cardano's development.

5. Cardano's transaction volume surged 75%, with $284 million in short liquidations, though ADA's price dropped 1.96% to $0.5719 at the time of writing.