Cardano blockchain secures 2,400 new wallets per day in the first half of this year
The latest insight showed that Cardano succeeded in grabbing huge numbers of new users in its ecosystem, despite negative market sentiments.
Cardano is a popular Proof-of-stake (PoS) scalable blockchain network. Ethereum co-founder Charles Hoskinson is the founder of this crypto project. He started working on Cardano, after leaving the Ethereum project in 2014, following an interest in conflict with other Ethereum co-founders Vitalik Buterin, Mihai Alisie, & Amir Chetrit.
A report by Finbold noted that the Cardano network grabbed nearly 2,446 new crypto wallets per day between Jan to June of this year. Now the total numbers of Cardano wallets are 4,161,225.
In the last 22 days, the Cardano network added nearly 48,924 new ADA wallets. Interestingly on 10 June, 3,979 new wallets joined the Cardano network.
This whole data is showing that the Cardano network is silently moving toward the practical level of adoption and people are failing to talk about its achievement, as Cardano is not backed by any Venture capitalists (VCs) or big prominent investors.
Input-output Hong Kong Global (IOG) is the Cardano Blockchain developer team and this team always remains engaged to introduce new levels of development activities, instead of any kind of promotional stunt.
15 days ago, the United States Securities Exchange Commission (SEC) sued BinanceUS & Coinbase Exchange over providing unregistered securities offerings.
The SEC’s suit marked several crypto assets as unregistered security crypto tokens, including Cardano’s native coin ADA.
Because of the name of the ADA coin in the SEC’s suit, the majority of the ADA lovers got into a panic, which further resulted in high sell pressure on the ADA coin trade market.
The current tpricecethe of the DA coin is $0.3 & this trade price is 6.7% high over the 24 hours trade price.
Read also: WisdomTree again looking to secure regulatory approval for its Bitcoin spot ETF
