Cardano Hits 111 Million Transactions: Is ADA Gearing Up for Its Next Big Rally?
2025-07-05 12:56:14
Main Idea
Cardano's network has surpassed 111 million transactions, showing strong ecosystem growth with increasing developer engagement, on-chain activity, and positive market sentiment, while analysts predict a potential price rally.
Key Points
1. Cardano's network has handled over 111 million transactions, with 276 billion ADA transacted in the past 67 days, worth approximately $165 billion.
2. The ecosystem includes 2,005 active projects, 1.33 million delegated wallets, and significant growth in Plutus (138,996) and Aiken (7,682) scripts.
3. On-chain governance is gaining momentum with 1,377 DReps, of which 976 are currently active, and developer engagement has surged by 27%.
4. Community sentiment is strong, with 93.8% of CoinMarketCap users bullish, and over 22 billion ADA staked (62% of circulating supply).
5. Analysts predict a potential ADA rally to $0.91 if it closes above $0.67, drawing comparisons to its 2020 bull run.
Description
The post Cardano Hits 111 Million Transactions: Is ADA Gearing Up for Its Next Big Rally? appeared first on Coinpedia Fintech News Cardano has officially surpassed 111 million transactions on its network, marking a major milestone for the blockchain platform. This shows that more people are using Cardano, interacting with its dApps, and the network is growing stronger and more reliable over time. BREAKING: Cardano $ADA has now processed over 111 million transactions—secure, scalable, and built f...
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