Finst

Big growth for Cardano: almost 100,000 transactions in one day

Almost 100,000 transactions in one day: Cardano is doing well after the Vasil upgrade.

By Finst News
• 2 min read
Big growth for Cardano: almost 100,000 transactions in one day

Almost 100,000 transactions in one day: Cardano is doing well after the Vasil upgrade. However, it seems it hasn't yet impacted the ADA price. The Vasil upgrade, implemented a few weeks ago, already appears to be affecting network activity.

According to View post on X, on October 19 there were 97,959 transactions processed - up 75% from the month before. NFT volume on the Cardano network has also risen notably - Cardano is currently the third-largest NFT protocol. Only the Ethereum and Solana networks are performing better.

The number of transactions has yet to show up in the ADA price. Cardano is down more than 20 percent month-over-month, compared to the prior month. Nevertheless, Cardano continues to calmly follow its roadmap.

Disclaimer: This content is for informational purposes only and does not constitute financial, investment, legal, or tax advice. The information provided may be incomplete, inaccurate, or outdated and should not be relied upon as such. Nothing on this website should be considered a recommendation to buy, sell, or hold any cryptocurrency. Investing in crypto-assets involves risk of loss.