Saad Ullah
Cardano's having a moment. The blockchain just crushed through 110 million total transactions, and honestly, that's pretty huge for a network that's been grinding away at building something solid rather than chasing the latest hype.
According to Input Output's weekly report, Cardano processed exactly 110.63 million transactions with on-chain activity up 0.19% from last week. Not earth-shattering growth, but steady wins the race, right? The network now hosts 2,003 projects, and more wallets are jumping into the staking game.
Cardano (ADA) Developers Are Actually Building Stuff
Here's what's really interesting - the smart contract scene is picking up steam. There are now 138,544 Plutus scripts and 7,350 Aiken scripts running live, showing 0.14% growth week-over-week. That might sound small, but consistent growth beats wild swings any day.
The governance side is where things get spicy. There are 1,365 DReps (Delegated Representatives) with 972 actively participating. That's not just people holding tokens - they're actually voting and making decisions about where Cardano goes next.
Developer activity jumped 24% with 210 GitHub commits last week. When developers are this busy, something big is usually coming.
Cardano (ADA) Preps for Game-Changing Hard Fork
Speaking of big things - Cardano's prepping for an intra-era hard fork later this year. The ledger team spent four weeks cleaning up old code and fixing bugs that have been hanging around since the Byron days. Yeah, they're literally fixing ancient history.
They've squashed another bug and started working on nested transactions, which could be a game-changer for how complex operations work on the network. Think of it like being able to bundle multiple actions into a single, smooth transaction.
What's Coming Next for Cardano (ADA)
The roadmap looks pretty solid. They're rolling out log-structured merge trees to make everything run smoother and use less memory. Translation: faster, cheaper operations.
They're also tweaking stake pool incentives to spread things out more - nobody wants a few big players controlling everything. Plus, they're adding anti-grinding measures (basically making it harder for bad actors to game the system) and introducing tiered pricing so you'll actually know what your transactions will cost.
Bottom line? Cardano's not making flashy promises or moonshot claims. They're just steadily building, fixing problems, and hitting milestones. With 110 million transactions in the books and major upgrades on the horizon, ADA holders might finally see the payoff from all that patient building.
Saad Ullah
