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Cardano Smashes 111 Million Transactions: A Blockchain Milestone Fueling Bullish Momentum

Cardano Smashes 111 Million Transactions: A Blockchain Milestone Fueling Bullish Momentum

Author:
M1n3rX
Published:
2025-07-07 16:55:01
20
2


Cardano (ADA) has officially surpassed 111 million transactions, marking a historic milestone for the Layer-1 blockchain. With 7 years of uninterrupted uptime, over 2,000 active projects, and a 27% surge in developer activity, cardano is cementing its position as a top-tier decentralized platform. The network’s robust growth—including 22 billion ADA staked (62% of circulating supply) and bullish sentiment hitting record highs—signals strong confidence in its future. Analysts predict ADA could break $0.67, targeting $1.32 long-term, while the innovative Acropolis Project aims to streamline dApp development. Here’s why Cardano’s ecosystem is poised for even greater heights.

Why Is Cardano’s 111 Million Transaction Milestone a Big Deal?

Cardano’s achievement of 111 million transactions isn’t just a number—it’s a testament to the network’s scalability and reliability. Unlike younger blockchains grappling with congestion, Cardano has maintained 100% uptime for 7 years, processing transactions efficiently even during peak demand. For context, the network now hosts:

  • 2,005 active projects (up from 1,200 in early 2024)
  • 138,996 Plutus smart contracts and 7,682 Aiken scripts
  • 10.84 million native tokens across 217,415 token policies
  • 1.33 million delegated wallets (a 0.05% weekly increase)

This growth is backed by a 27% rise in GitHub commits, proving developers are doubling down on Cardano’s ecosystem. As one BTCC analyst noted, “Layer-1 networks live or die by adoption—Cardano’s metrics show it’s very much alive.”

How Is Cardano’s Ecosystem Outpacing Competitors?

While ethereum battles gas fees and Solana faces downtime, Cardano’s methodical approach is paying off. Key differentiators include:

  • Staking dominance: 62% of ADA’s supply is staked—higher than Ethereum’s 23%—locking in long-term holders.
  • Governance expansion: 1,377 DReps (976 active) now oversee on-chain proposals, decentralizing control.
  • Real-world utility: Projects like Midnight Protocol (privacy-focused sidechain) and Brave Browser’s 91M users amplify ADA’s reach.

CoinGlass data reveals $165B in ADA transactions over 67 days, while TradingView charts show bullish patterns mirroring Cardano’s 2020 rally. “ADA’s consolidation below $0.60 is a coiled spring,” says Lucky Luciano, a prominent crypto commentator.

What’s Driving Cardano’s Bullish Price Predictions?

ADA’s current price of $0.57 masks its explosive potential. Analysts highlight:

  • Fibonacci levels: A breakout above $0.67 could trigger a rally to $0.83–$0.91 (0.5–0.382 retracement zones).
  • Historical parallels: The 2020 bull run saw ADA surge 1,500% from similar accumulation patterns.
  • Sentiment surge: 93.8% of CoinMarketCap users are bullish—a monthly high.

CoinCodex projects ADA at $1.18–$1.31 by December 2027, assuming adoption trends continue. “$1.32 is plausible if ADA retests its November 2023 peak,” adds the BTCC team.

How Will the Acropolis Project Revolutionize dApp Development?

Launched in October 2024, Acropolis tackles Cardano’s steep learning curve by letting developers build dApps directly within nodes. Current hurdles include:

  • Complex workarounds: Developers often rely on third-party tools for basic functions.
  • Fragmented documentation: Newcomers struggle with scattered resources.

Acropolis promises a unified interface, potentially attracting Ethereum devs frustrated by Solidity’s limitations. Early tests show a 40% reduction in deployment time—a game-changer for DeFi and NFT projects.

FAQs: Cardano’s 111M Transaction Milestone

How does Cardano’s transaction count compare to Ethereum?

Cardano’s 111M transactions trail Ethereum’s ~2B but outpace newer chains like Avalanche (89M). Its focus on quality over quantity ensures low fees (

What percentage of ADA is staked?

62% of circulating ADA (22B tokens) is staked—worth ~$12.5B at current prices. Rewards average 3–4% APY.

Is Cardano’s growth sustainable?

With institutional interest (e.g., Grayscale’s ADA trust) and Acropolis simplifying development, analysts expect sustained growth. This article does not constitute investment advice.

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