Cardano

Despite occasional hiccups in the <a href="https://finbold.com/category/cryptocurrency-news/" rel="noopener noreferrer nofollow">cryptocurrency sphere</a> caused by businesses going bankrupt and <a href="https://finbold.com/category/regulations-news/" rel="noopener noreferrer nofollow">regulators</a> filing lawsuits, Cardano (<a href="https://finbold.com/cryptocurrency/cardano/" rel="noopener noreferrer nofollow">ADA</a>) has been recording steady growth in terms of its adoption during the month of June.As it happens, <a href="https://finbold.com/guide/how-to-buy-cardano/" rel="noopener noreferrer nofollow">Cardano</a> has been adding an average of 2,446 new <a href="https://finbold.com/guide/crypto-wallets/" rel="noopener noreferrer nofollow">crypto wallets</a> every day since June 1, 2023, bringing the total number of Cardano holding addresses to 4,161,225, according to the <a href="https://lookerstudio.google.com/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/k5r9B" rel="noopener noreferrer nofollow">data</a> retrieved by Finbold from Cardano Blockchain Insights on June 21.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/886812f215694963aebcf734d6ba6f5e.png" />Total number of ADA wallets in June. Source: <a href="https://lookerstudio.google.com/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/k5r9B" rel="noopener noreferrer nofollow">Cardano Blockchain Insights</a><h2 id="header-0">Adding ADA addresses</h2>In other words, the <a href="https://finbold.com/topic/cardano/" rel="noopener noreferrer nofollow">Cardano network</a> has grown larger by 48,924 new addresses in June, adding up to the total number of 318,578 (up &#43;8.29%) new <a href="https://finbold.com/cryptocurrencies/" rel="noopener noreferrer nofollow">cryptocurrency</a> wallets added since the year’s turn, as this number stood at 3,842,647 on January 1, 2023.Specifically, the network recorded the highest number of wallets added on June 10, when 3,979 new ADA wallets appeared, whereas the least successful day in the month in this context so far was June 18, when 1,498 new wallets joined the Cardano network.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/2dda7a36c87f4730bc56aa57aae06be0.png" />New ADA wallets added per day. Source: <a href="https://lookerstudio.google.com/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/k5r9B" rel="noopener noreferrer nofollow">Cardano Blockchain Insights</a><h2 id="header-1">Cardano price analysis</h2>As things stand, the current price of ADA is $0.28, recording an 8.33% gain on the day and a 1.09% increase on its weekly chart as it follows the generally <a href="https://finbold.com/guide/bull-market-definition/" rel="noopener noreferrer nofollow">bullish</a> sentiment on the wider <a href="https://finbold.com/guides/cryptocurrency/" rel="noopener noreferrer nofollow">crypto</a> market and moves to reverse the monthly loss of 24.08%, according to the latest charts.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/1526d33aab694ca099399128deff2e34.png" />ADA 24-hour price chart. Source: <a href="https://finbold.com/cryptocurrency/cardano/" rel="noopener noreferrer nofollow">Finbold</a>Meanwhile, the latest Cardano Node 8.1.1 update has recently <a href="https://github.com/input-output-hk/cardano-node/releases/tag/8.1.1" rel="noopener noreferrer nofollow">launched</a> on the mainnet, featuring software patches for minor issues in an effort to reduce epoch transitions and improve the <a href="https://finbold.com/topic/blockchain/" rel="noopener noreferrer nofollow">blockchain</a> performance for its users, which may lead to a further increase in adoption.Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.Read more cryptocurrency news on <a href="https://finbold.com/category/cryptocurrency-news/?utm_source&#61;CMC&amp;utm_medium&#61;social&amp;utm_campaign&#61;CMC&amp;utm_content&#61;long" rel="noopener noreferrer nofollow">Finbold.com</a>.

Cardano adds over 2,400 new wallets a day in June as adoption grows

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