Cardano Hits 111 Million Transactions: Larry David’s Take 🤷‍♂️

So, Cardano (ADA) has hit 111 million transactions. Big whoop, right? 🙄 It’s not like it’s a big deal or anything. I mean, it’s just a number, but hey, let’s celebrate it like it’s the end of the world or something.

But seriously, 111 million transactions is more than just a number. It’s a sign that people are actually using this thing. You know, like, using it to do stuff. Not just sitting around, staring at their screens, waiting for something to happen. It shows that Cardano can handle the load without breaking down, which is more than I can say for my car. 🚗💥

According to the latest data, Cardano now supports 2,005 active projects, with 1.33 million delegated wallets. That’s a lot of people staking their ADA, which is like putting your money in a savings account, but with a side of crypto sauce. 🥫💰

Another week, another Cardano development update, now live on Essential Cardano. Check this week’s highlights and get the latest on core technology, wallets and services, smart contracts, and scaling and governance developments.

— Input Output (@InputOutputHK) July 4, 2025

Smart contract deployment is also on the rise, with 138,996 Plutus scripts and 7,682 Aiken scripts now active. The number of DReps has increased to 1,377, with 976 active, which is like having a bunch of people arguing about how to run a country, but in a digital form. 🗳️👥

And get this, there’s been a 27% increase in GitHub commits, hitting 259. That’s a lot of coding, which is great, because it means the community is really into this. Or maybe they’re just really bored. 🤷‍♂️💻

According to a recent report by Santiment, Cardano remains a steady frontrunner in development activity, with the ADA team ranking fourth in terms of notable GitHub events. So, they’re not the best, but they’re not the worst. That’s something, I guess. 🏆?

At the time of writing, ADA was down 1.96% in the last 24 hours to $0.5719, in line with the current market downturn. But hey, it’s still at $20.23 billion in market value, so it’s not all bad. Unless you’re one of those people who bought in at the peak. Then it’s bad. 😬

Cardano Reimagining Its Node

Project Acropolis is reimagining the Cardano node as a live ecosystem where developers can build apps from within, rather than just interacting from the outside. It’s like turning a car into a house, but for developers. 🏠🚗

Project Acropolis, which began in October 2024 with the Caryatid framework, is in the “early explorer phase” to prove the idea is technically viable. It’s like they’re trying to build a spaceship, but they’re not sure if it can actually fly. 🚀🤷‍♂️

The current Cardano node is monolithic, meaning it’s a single, complicated system that handles everything in one package. Acropolis organizes this into loosely linked modules that communicate via message buses and can be combined, matched, and extended. It’s like taking a big, messy closet and turning it into a series of organized drawers. 🗄️✨

Read More

2025-07-05 14:00