Cardano

2024

Terra Classic

Patex

<div class="finbold">
 <p class="paragraph">With the larger part of the cryptocurrency market getting a breather after a bearish period that followed exceptional price increases, Cardano (ADA) is recording growth in other areas, particularly the number of <a rel="noopener noreferrer nofollow" title="smart" href="https://thebittimes.com/tag/smart.html">smart</a> <a rel="noopener noreferrer nofollow" title="contracts" href="https://thebittimes.com/tag/contracts.html">contracts</a> on its network since the year’s turn.</p>
 <p class="paragraph">As it happens, the number of Plutus scripts on the Cardano network, including Plutus V1 and Plutus V2, has reached the figure of 39,032 on March 19, which is an impressive feat and a 171.45% increase, considering that the number of Cardano <a rel="noopener noreferrer nofollow" title="smart" href="https://thebittimes.com/tag/smart.html">smart</a> <a rel="noopener noreferrer nofollow" title="contracts" href="https://thebittimes.com/tag/contracts.html">contracts</a> on January 1 stood at 14,379.</p>
 <figure class="wp-block-image"><img decoding="async" width="658" height="458" src="https://cdn.thebittimes.com/images/2024/03/20/369a267252b2b74f601f2bd581e9a580.webp" alt="Cardano smart contracts growth" class="wp-image-162426" srcset="https://cdn.thebittimes.com/images/2024/03/20/369a267252b2b74f601f2bd581e9a580.webp 658w, https://cdn.thebittimes.com/images/2024/03/20/369a267252b2b74f601f2bd581e9a580.webp 300w" sizes="(max-width: 658px) 100vw, 658px">
  <figcaption class="wp-element-caption"><em>Cardano smart contracts growth. Source: </em><em>Cardano Blockchain Insights</em>
  </figcaption>
 </figure>
 <p class="paragraph">Specifically, these figures account for Plutus V1 scripts currently amounting to 6,439 (an increase of 2.27% from the 6,296 on January 1) and the number of Plutus V2 scripts standing at 32,593 (an increase of 303.23% from 8,083), as per the data retrieved on March 20.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Massive adoption alert: $10 trillion BlackRock to launch tokenization fund <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Finance experts set Terra Classic price for end of 2024 <span class="self-center text-xs text-slate-500">3 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    AI predicts Silver price for end of 2024 <span class="self-center text-xs text-slate-500">3 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Blockchain giant Patex announces collaboration with soccer legend Roberto Carlos <span class="self-center text-xs text-slate-500">4 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">This also means that the Cardano ecosystem has been growing at the rate of about 495 new <a rel="noopener noreferrer nofollow" title="smart" href="https://thebittimes.com/tag/smart.html">smart</a> <a rel="noopener noreferrer nofollow" title="contracts" href="https://thebittimes.com/tag/contracts.html">contracts</a> each day, adding about 82 Plutus V1 scripts every day, and 413 Plutus V2 scripts per day, as the <em>Cardano Blockchain Insights </em>charts demonstrate.</p>
 <h2 class="wp-block-heading" id="h-cardano-price-analysis">Cardano price analysis</h2>
 <p class="paragraph">Meanwhile, the Cardano price at press time stood at $0.60711, which suggests a decrease of 0.73% on the day, an 18.01% drop across the previous seven days, and an accumulated loss of 2.18% on its monthly chart, according to the most recent information.</p>
 <figure class="wp-block-image"><img decoding="async" width="750" height="496" src="https://cdn.thebittimes.com/images/2024/03/20/32900b3a3337b956f4eaea4fe940f7b5.webp" alt="Cardano price 30-day chart" class="wp-image-162427" srcset="https://cdn.thebittimes.com/images/2024/03/20/32900b3a3337b956f4eaea4fe940f7b5.webp 750w, https://cdn.thebittimes.com/images/2024/03/20/32900b3a3337b956f4eaea4fe940f7b5.webp 300w" sizes="(max-width: 750px) 100vw, 750px">
  <figcaption class="wp-element-caption"><em>Cardano price 30-day chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <p class="paragraph">It is also worth noting that crypto trading expert Ali Martinez recently highlighted that Cardano was imitating its 2018-2021 pattern, which suggests a consolidation in the $0.55-$0.80 range, followed by a surge to $1.70, another period of further consolidation, and a breakout to $5.</p>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="707" src="https://cdn.thebittimes.com/images/2024/03/20/e0ce40a5cf3ccfb544af979f16c90c16.webp" alt="Cardano price action analysis" class="wp-image-162419" srcset="https://cdn.thebittimes.com/images/2024/03/20/e0ce40a5cf3ccfb544af979f16c90c16.webp 1024w, https://cdn.thebittimes.com/images/2024/03/20/e0ce40a5cf3ccfb544af979f16c90c16.webp 300w, https://cdn.thebittimes.com/images/2024/03/20/e0ce40a5cf3ccfb544af979f16c90c16.webp 768w, https://cdn.thebittimes.com/images/2024/03/20/e0ce40a5cf3ccfb544af979f16c90c16.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>Cardano price action analysis. Source: </em><em>Ali Martinez</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-cardano-price-prediction">Cardano price prediction</h2>
 <p class="paragraph">Elsewhere, several finance experts have predicted that the eighth-largest crypto asset by market capitalization could continue to grow its price in 2024, with their predictions ranging between $0.945 at the lower end and a very optimistic $11 by the end of 2024.</p>
 <p class="paragraph">At the same time, artificial intelligence (AI) and machine learning platforms have set the Cardano price prediction targets between $1.26 at their most pessimistic and $8 according to their most bullish forecasts, as Finbold reported earlier on March 20.</p>
 <p class="paragraph">All things considered, the token’s ecosystem has witnessed substantial growth that could create positive sentiment around it and push its price upward. However, things in this sector can change on a whim, so keeping up with the Cardano news and doing one’s own research is crucial.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/cardano-adds-40-000-smart-contracts-in-2024-tbt83053.html">https://thebittimes.com/cardano-adds-40-000-smart-contracts-in-2024-tbt83053.html</a></p>

Cardano adds 40,000 smart contracts in 2024

Table of Contents

TheBitTimes

Other articles published on Mar 20, 2024

What’s Next for Chainlink (LINK) as Price Continues Downward Spiral

3 Top Altcoins To Buy Poised For Growth In The Solana Ecosystem Bull Run

Bitcoin Faces Uncertainty Before Fourth Block Reward Halving

Book of Meme (BOME) Braces for Battle Against Incoming New Token this Friday

Do Kwon set for extradition to South Korea after Montenegro court rejects appeal

Justin Sun gets involved with SLERF: What’s cooking?

Join our free newsletter for daily crypto updates!