![Cardano [ADA] TVL declines – will these developments turn the tide?](https://i.headtopics.com/images/2023/3/4/cryptoamb/cardano-ada-tvl-declines-will-these-developments-t-cardano-ada-tvl-declines-will-these-developments-t-1632041965385572352.webp)
Cardano published the latest edition of its weekly development report. Total transactions increased, and ADA remained in demand in the futures market. Cardano’s [ADA] total value locked (TVL) was on a continued uptrend for several weeks as it spiked considerably. However, the hike seemed to have ended as the metrics registered a decline over the past […]
The benchmarking runs and analysis for the new SECP primitives and the impending node v.1.35.6 release have been completed by the Cardano team. They also ran their initial UTXO-HD benchmarking tests and were still refining the setup at press time.The Plutus team continued to improve the Plutus debugger and focused on increasing the script’s capacity by including Plutonomy optimizations, sums, and products.
In addition, they finished implementing the minting strategy, defined message authentication with researchers, and planned further work for mainnet compatibility. Apart from this, ’s Mithril team worked on implementing the era activation mechanism in their test networks and getting ready to upgrade the SPO-operated signer nodes.The report also mentioned a few key metrics of the Cardano network. For instance, the total number of transactions increased by a notch and reached 62.2 million. The number of projects building on Cardano also increased from 1205 to 1209 last week, and the number of native tokens reached 7.87 million.
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