According to U.Today, the Cardano network is on the brink of reaching a significant milestone, with transactions nearing the 100 million mark. Input Output Global (IOG), the developer behind Cardano, reports that the network has processed 99.07 million transactions so far. This achievement underscores the increasing adoption and activity within the Cardano ecosystem. Over the past seven years, Cardano has undergone substantial evolution, marked by continuous upgrades and the introduction of new features. The ecosystem boasts 10.5 million native tokens, 1,973 projects, 1.314 million delegated wallets, and 94,835 Plutus scripts, reflecting its ongoing growth and expansion.
Cardano's journey has been characterized by key upgrades, with the most recent being the Chang hard fork, which introduces decentralized governance to the blockchain. These enhancements have not only improved the network's capabilities but have also attracted a diverse array of projects and users. The Cardano community is eagerly anticipating the 100 million transaction milestone, which would mark a historic moment in the network's history.
In recent developments, Cardano's price has surged by over 15% in the past 24 hours, continuing the upward trend that began on November 5. This surge followed Cardano founder Charles Hoskinson's announcement of plans to influence U.S. crypto policy, fueling speculative interest in the cryptocurrency. Cardano's price reached a high of $0.784, a level not seen since March 2024, and remains 75% higher on a weekly basis.
Additionally, Charles Hoskinson recently visited the SpaceX team, although he did not disclose specific details of the visit due to a non-disclosure agreement. He indicated that discussions are ongoing and promised to share more information when possible. This visit adds an intriguing dimension to Cardano's ongoing developments and future prospects.
