Around 1000 projects currently active on Cardano smart contract
Plutus-based smart contracts running on the Cardano blockchain are actively increasing.
Cardano is a 6th ranked crypto asset. Cardano is standing at second position in terms of highest transactions smart contract enabled blockchain network. Its developer team is eagerly working on different systems in the Cardano Blockchain network to bring a better ecosystem for the upcoming future of the crypto industry.
In the mid of September 2021, Cardano blockchain main network enabled its smart contract feature with the help of Alonzo Hardfork. After this, numbers crypto projects started their development works on Cardano blockchain Network. On 20 January, SundaeSwap decentralized exchange successfully launched.
At present, a total of 996 projects are actively doing their development work on the Cardano Blockchain network by deploying the Plutus-based smart contract programs.
This graph is showing the numbers of Plutus-based smart contract active projects, which are live on the network.
Smart contract on Cardano , something different
The Cardano team failed to introduce smart contract features in the Cardano Blockchain at perfect time but they ended up into something different and better for the community developers.
Usually, smart contract features allow developers to develop and deploy decentralized exchange (Defi) but here Cardano did something different, where developers can do other better programming-based development works. That means the Cardano ecosystem is giving a type of freedom to the developers to do something unique in their ways.
However, the project team noted that developers may face some road bumps during the development work on the Cardano Blockchain but for this developers team IOHk will do work on these issues through 11 ways of scaling development works in 2022.
Recently on 22 January, the Cardano network hitted 94.49% of network use because of its recent development works.
Read also: Cardano founder wants to set up a political action committee
