Cardano Mainnet Surpasses 122.7M Transactions Amid Ecosystem Growth
Cardano's mainnet has reached an impressive milestone, surpassing 122.7 million transactions since its launch in 2017.
The network's eUTxO model is credited for its efficiency, allowing multiple smart contract actions to be triggered with a single transaction.
This feat comes as the Cardano ecosystem continues to grow, with Midnight, a privacy-focused partnerchain, logging over 120,000 transactions on its mainnet since March this year.
The ADA price has shown slight gains, trading at $0.164 and boasting a market cap of $6.01B, while whale wallets have increased their holdings to 25.1 billion ADA.