The Number Of Transactions In The Cardano Network Increased Ahead Of The Hard Fork

The number of transactions on the Cardano network rose by 4.49% to 49.1 million ahead of the upcoming Vasil network upgrade. A day after the developers announced that the hard fork would take place on September 22, 2022, exactly one week after the merger of the Ethereum networks, users began to show even more interest in the desired blockchain.

In addition, analytical portals have stated that another record has been set in the Cardano network. More than 6 million different native tokens have been minted inside the blockchain. According to the pool.pm service, their number was 6.02 million with 61.05 thousand variations of policies and generation rules. The experts recalled that the Cardano network allows you to create your own virtual assets, and interact with and delete them. Users can perform transactions with them without the need to use smart contracts.

Such results confirmed the words of the founder of this startup, Charles Hoskinson, who assured 2 years ago that the product ecosystem will grow steadily, as thousands of assets and decentralized applications will be created in it, as well as many interesting and unique projects.

It became known that at the moment 1.08 thousand products are working in the Cardano network, and the number of Plutus scripts amounted to 3.15 thousand, adding 5.28% in August 2022. This is what made it possible, according to experts, to record an increase in the number of transactions to 49.1 million. Now the developers expect that the fifty-millionth transaction will soon occur. The experts also stressed that the number of unique Cardano wallets has increased by 1.38% over the past month to 3.55 million.