Finst

Cardano smart contract network gains momentum — seven million potential customers

The number of smart contracts on the Cardano network is nearing an important milestone.

By Finst News
• 2 min read
Cardano smart contract network gains momentum — seven million potential customers

The number of smart contracts on the Cardano network is approaching an important milestone. In addition to the growing number of smart contracts, more than seven million businesses will soon have access to the ADA token.

Despite the bear market, things are looking up for Charles Hoskinson. Cardano can announce two new wins. The number of smart contracts on the blockchain is approaching a new milestone, 3,000 contracts, according to data from Cardano Blockchain Insights.

This year the number has tripled from the original 1,000 smart contracts. Additionally, the Odoo business platform is integrating an ADA plugin. This makes it possible for partners to accept payments in ADA. Odoo is used by seven million businesses and enterprises!

The hard fork "Vasil" is scheduled for the end of July. It is expected to dramatically boost Cardano's speed. The cryptocurrency ADA is currently trading at 43 cents, about 86 percent of its ATH.

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 The information provided may be incomplete, inaccurate, or outdated and should not be relied upon as such.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.