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With the rise of on-chain indicators, Cardano is experiencing strong momentum.
Gate News bot message, the Cardano (ADA) ecosystem continues to rise steadily. Currently, the platform has 2004 active projects, of which 820 focus on non-NFT applications and 1184 are centered around NFT.
The number of entrusted wallets has reached 1.33 million, with a week-on-week rise of 0.04%. Meanwhile, the total amount of native tokens has increased to 10.83 million, and the number of token strategies has reached 216,879.
On-chain activities are also showing a recovery trend, with the number of Plutus scripts increasing to 138,365, of which 7,213 are written in Aiken. The total transaction volume has risen to 110,430,000 transactions, with a month-on-month increase of 0.20%. The number of registered DReps has reached 1,352, with a month-on-month increase of 0.44%. GitHub activity has also significantly increased, with a total of 278 code submissions, marking a rise of 32%.
Source: Coindoo