The Cardano ($ADA) network has already handled over 30 million transactions, a significant milestone that comes after the network’s total number of smart contracts surpassed 1,000 for the first time.
According to Cardano blockchain insights released on Google’s Data Studio, the Cardano network has now executed over 30.4 million transactions, with between 150,000 and 200,000 daily active addresses.
The Cardano blockchain, for example, has seen approximately 900,000 transactions in the first eight days of this month. After the Alonzo hard fork last year, which added smart contracts to the network and allowed it to compete with other blockchains like the Binance Smart Chain (BSC), Ethereum (ETH), and Solana, the price of ADA surged (SOL).
The 30 million transaction milestone comes after Cardano developer Input Output advocated raising the network’s block size by 11%, from 72 to 80 KB, when the network’s load exceeded 90%.
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