The Cardano network has seen a 90 percent increase in daily active addresses.
Cardano remains one of the most active developer crypto projects in the industry. This gives the network slow and steady growth. The positive reason behind the spike in activity is reportedly the increased activity of any network or blockchain core developers.
The Increase in the Number of Cardano Active Addresses Continues
The Cardano network reported a significant daily address activity increase of 90 percent after the number of authorized wallets on the network hit a major milestone with 1.2 million addresses.
Cardano Founder Charles Hoskinson also on Twitter; He made a post emphasizing what happened in Cardano.
Meanwhile in Cardanoland https://t.co/YazNexsgKd
— Charles Hoskinson (@IOHK_Charles) November 24, 2022
Cardano (ADA) manages to put a smile on the face of investors despite the sluggish price. Cardano has gained more than 2.8 percent in the past seven days.
Cardano blockchain developer Input Output Global Inc. (IOG) recently announced that it will launch its new privacy-centric blockchain network, along with a token.
The new blockchain network called Midnight is actually one of Cardano’s sidechains. Midnight will offer zero-knowledge smart contracts that allow parties to complete transactions without revealing any identifying data to each other. The accompanying token will be called Dust.
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