Cardano, which is not yet operating at full capacity, is currently processing more than 75,000 transactions per day.
With various upcoming solutions on the Cardano network, the number of transactions on the network is expected to increase even more. Synthetic coins, stablecoins and decentralized lending will be the main source of transaction growth.
Cardano Transaction Number Expected to Increase
The number of transactions currently exceeding 75,000 shows transactions between users and various crypto platforms. If we compare Cardano with Ethereum, we will see how the efficiency of the network increases after the creation and adoption of DeFi platforms and applications.
It is thought that with the increasing number of transactions on the network, more transaction fees will be paid and will help developers to embrace the ecosystem more. It is thought that with this adoption, more applications will be developed, thus allowing us to see the evolution of the network.
Most of the Cardano investors and developers, with the increasing adoption, the blockchain is ready to easily accommodate an unexpected increase in transaction activity with TPS limit well above current values. Cardano has had no issues with transaction fees or network congestion, unlike Ethereum, which offers users up to $100 per transaction or contract interaction.
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