According to U.Today, Cardano (ADA) has reached a significant milestone by surpassing 94 million transactions, highlighting the network's increasing adoption. The network is also experiencing growth in other parameters. Input Output Global's (IOG) latest weekly report indicates that the total value locked on the Cardano network is currently 548.4 million ADA. Additionally, there are 10.2 million native tokens minted across 146,328 token policies, with Plutus scripts totaling 67,950 and 1,368 projects currently building on Cardano.

The most recent CoinShares report reveals that digital asset investment products saw inflows of $1.35 billion last week, bringing the three-week total to $3.2 billion. Cardano has marked its second consecutive week of inflows, reporting $0.4 million in the past week. At the time of writing, ADA was up 0.4% in the last 24 hours, trading at $0.432.

Preparations are ongoing for the Chang upgrade, anticipated for August 2024, assuming community readiness. This upgrade is expected to be transformative for Cardano, marking a critical milestone in its upgrade roadmap. Chang represents the first hard fork on the Cardano network during the Voltaire phase. Extensive testing is underway to ensure all systems are robust and prepared for the transition to the Conway era.

The Lace team is preparing for the release of Lace v.1.14, expected in the next few weeks. With the release of Cardano node v.9.0.0, an alert has been issued to all node users to upgrade in preparation for the Chang upgrade. Stake pool operators (SPOs) will need to include a small configuration update (node 9.1.0) to be fully up-to-date. A hard fork combinator event can occur once nearly 75% of SPOs have upgraded to cardano-node 9.1.0.