Cardano

when

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

Artikel lain yang dipublikasikan pada 31 Jul 2024

WazirX Under Fire for Poll on Post-Hack Recovery Strategy

$99 AI necklace puts a ‘friend’ around your neck

The PoLink Chrome extension is live now.

Bitget Wallet Launches "TONNECT 2024 Awards" Event to Spotlight Top TON Ecosystem Applications (3...

Institutional Investors Show Interest In Cardano, Triggering 300% Surge

Protected: Test Post

Bergabunglah dengan buletin gratis kami untuk pembaruan kripto harian!