Cardano

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Coin

<ul class="news-points">
 <li>Cardano transaction volume is down from the high of 1.85 million in November 2021.</li>
 <li>As of July 17, 42,600 transactions were recorded on the Cardano blockchain.</li>
 <li>Cardano continues to increase presence in Argentina with the UBA partnership.</li>
</ul>
Cardano’s blockchain is nearing the <a href="https://coinedition.com/cardanos-chang-hard-fork-will-history-repeat-with-a-130-surge/" rel="noopener noreferrer nofollow">Chang hardfork</a>, a major upgrade in the Voltaire era. However, as the network approaches its goal of increased decentralization, transaction volume has declined significantly, while its native token, ADA, follows a downtrend in the short term.&nbsp;
As per the <a href="https://app.intotheblock.com/coin/ADA/deep-dive?group=network&amp;chart=transactions" target="_blank" rel="noopener noreferrer nofollow">data</a> from IntoTheBlock, the network recorded an all-time high of 1.85 million transactions in November 2021 when ADA was priced at $1.66. Since then, the digital asset has experienced a significant price decline along with plummeting transaction volumes. As of July 17, the blockchain recorded 42,600 transactions, with ADA priced at $0.4462.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcZgHDKBw4EmANJ5qGnkd4CI4YDE6cNqxVMA-QUczPMVgGlubTqw6PHhcFmf9dAVFmwue0KelVYqOD4EBliWMSGn3lKEg4v3qiWSyGivbz5fWHbP9wZ3g9FRyAPrSOZV5sQjfLj4ctS9c4lV0W0whRaTCs?key=9XK8uijvxLryB7LUdPrjCg" alt="">
</figure>
Meanwhile, Cardano has introduced significant changes in its governance with the formation of the Interim Constitutional Committee (ICC) and newly elected DS (decentralized sovereign) members. <a href="https://coinedition.com/cardano-releases-node-9-0-0-initiating-chang-hard-fork-countdown/" rel="noopener noreferrer nofollow">Cardano Node 9.0.0</a> was also unveiled by creator Charles Hoskinson which sets the stage for the Conway Ledg…
The post <a href="https://coinedition.com/cardano-transaction-volume-dips-as-major-upgrade-looms/" rel="noopener noreferrer nofollow">Cardano Transaction Volume Dips as Major Upgrade Looms</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Cardano Transaction Volume Dips as Major Upgrade Looms

Coin Edition

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