Cardano Reports Monthly On-chain Growth as Significant Milestones Are Hit

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Cardano Reports Monthly On-chain Growth as Significant Milestones Are Hit
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Cardano's monthly onchain growth hits significant milestones CardanoCommunity Blockchain CardanoADA ADA $ADA

At 5,234, Plutus scripts were up 1.67% in the given time frame. A total of 8.07 million native tokens are now in existence, a rise of 2.63%. The number of minting policies likewise increased by 1.40% to 71,160.

Smart contracts were used in 30% of transaction types. Twenty-two percent of transaction types were made without smart contracts; these are metadata types. Simple transaction categories made up 48%. The TVL metric shows how the blockchain's DeFi ecosystem is absorbing the good energy surrounding it. On March 22, Cardano's total value locked, or TVL reached record highs of 378.24 million ADA., Cardano's TVL is presently worth $144.24 million in dollars, an increase of 2.38% over the previous day. The value is even greater when staking is taken into account, coming in at $155.3 million.

Any blockchain-based game can be played by Cardano users without the need to bridge coins to another network.

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