Cardano closed the month of March with several historic records.
Firstly, the network has registered 129.108 Plutus smart contracts, plus more than 10 million tokens issued and a constantly growing on-chain activity.
According to data from the Essential Cardano development report, March has been a key month for the network, which is one of the most prominent blockchains in the digital ecosystem.
According to the report, Cardano has reached important milestones that reflect its sustained growth in terms of technological adoption and ecosystem expansion. With 129.108 smart contracts on Plutus, over 10 million tokens issued, and steadily increasing on-chain activity, Cardano continues to demonstrate its potential to become a leading platform in the blockchain space.
Furthermore, the network has overcome technical and adoption barriers, positioning itself as a benchmark in innovation thanks to new technologies like Starstream and improvements to its infrastructure. All of this, coupled with its recent recognition as Blockchain Project of the Year at Crypto Expo EU, confirms its position in the digital market.
Cardano's growth in smart contracts and issued tokens
Cardano's Plutus ecosystem reached a total of 129.108 smart contracts in March, which represents a significant increase compared to previous months. This growth reflects the confidence of developers and businesses in the platform, who are increasingly choosing Cardano to deploy their decentralized applications (dApps).
Plutus's architecture, based on the Haskell programming language, offers great robustness and security for smart contract development. Furthermore, its focus on rigorous verification and testing ensures that contracts are more resilient to errors and vulnerabilities, which has attracted a large number of projects.
Another notable fact of the report is issuance of more than 10 million tokens on the networkThis number not only reflects the diversity of projects operating on the Cardano platform, but also its ability to adapt to the needs of different sectors, from decentralized finance (DeFi) to gaming and digital content creation.
PREPARE YOUR WALLETToken issuance on Cardano has been facilitated by Cardano Native Tokens tools, which allow users to create and manage tokens easily and securely, attracting new projects and established companies looking to take advantage of the blockchain.
New records: delegated wallets and on-chain activity
In addition to the growth in the number of smart contracts and issued tokens, Cardano continues to break records in terms of community engagement. With more than 1,3 million delegated wallets Last month, the network strengthened its position as one of the most decentralized and participatory networks in the blockchain ecosystem. The delegation allows holders of ADA, Cardano's native cryptocurrency, to actively participate in network governance and transaction validation through staking pools.
This high level of participation not only guarantees greater security on the blockchain but also reinforces its democratic governance model. Each delegated wallet contributes to the sustainability of Cardano's proof-of-stake (PoS) consensus, known as Ouroboros, and ensures that the network remains energy-efficient and scalable.
INVITE AND WINIn addition, Cardano's on-chain activity has also seen a notable increase. The report highlights that the increase in the number of transactions, smart contracts, and issued tokens reflects a dynamic and ever-expanding ecosystem, suggesting that Cardano is consolidating itself as an attractive platform for innovative developments, especially those seeking to combine security, scalability and sustainability.
Innovation and recognition: A leading network in technology and infrastructure
Cardano's innovative drive is reflected in the launch of technologies such as Starstream, a platform that enables the creation of private, permissioned blockchains fully compatible with the Cardano mainnet. The report emphasized that Starstream not only expands the network's capabilities but also opens up new possibilities for sectors such as enterprises and regulated financial institutions.
Furthermore, Cardano continues to improve its underlying infrastructure to offer a more fluid and efficient experience to its users. Improvements in scalability, interoperability, and usability are at the heart of its roadmap, which seeks to position the network as a leader in the blockchain space.
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The Blockchain Project of the Year
On the other hand, Cardano's effort and dedication have been recognized at the Crypto Expo EU, where the network was named Blockchain Project of the YearThis award not only highlights its technological advancement but also its impact on the mass adoption of blockchain. Cardano has achieved what few projects have: combining technical innovation with a socially and environmentally sustainable approach.
This recognition also reflects the community and industry's confidence in Cardano's potential to solve real-world problems, such as scalability, energy, and governance, while maintaining its commitment to decentralization and financial inclusion.
Overall, the close of March for Cardano represents a significant milestone in its history. With 129.108 smart contracts on Plutus, over 10 million tokens issued, and a record 1,3 million delegated wallets, the network continues to establish itself as a leading platform in the blockchain ecosystem and the future of decentralized technology.
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