Cardano Network Experiencing Strong Growth in New Wallets, Here's Why It May Be Happening

Canada News News

Cardano Network Experiencing Strong Growth in New Wallets, Here's Why It May Be Happening
Canada Latest News,Canada Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Cardano network explodes with influx of new wallets, here's what's happened cardanoada cardanocommunity cardano cardanonft $ada

. The metric, which had been showing a downtrend for a month since mid-November, interrupted the negativity with a sharp 58.7% rise in the rate of new wallets. On Dec. 12, 2,971 new wallets were created on the Cardano network, up by 1,099 from the day before.

network is related to the FUD around Binance, which is the largest staking provider of ADA, according to the Staking Rewards portal. Thus, the black-and-yellow giant, accused by the press of money laundering and sanctions violations, is the site of $600 million inAt the same time, this theory may have roots, but it is not supported by the rest of the blockchain insights, which have not demonstrated any uniqueness.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cardano's First SPO Liquidity Bond Funded and Launched SuccessfullyCardano's First SPO Liquidity Bond Funded and Launched SuccessfullyCardano network's fundamental value is on the rise after the successful launch of a unique DeFi product
Read more »

Cardano Protected Much Better Than FTX from Crash and Bankruptcy: SourceCardano Protected Much Better Than FTX from Crash and Bankruptcy: SourceHere's why Cardano is much better protected than FTX and Binance, per Cardanians_io. $BNB mikealfred
Read more »

Cardano Founder Slams David Gokhshtein for Spreading 'Fake News' About Ripple CaseCardano Founder Slams David Gokhshtein for Spreading 'Fake News' About Ripple CaseCharles Hoskinson and David Gokhshtein have duked it out on Twitter over Ripple settlement rumors
Read more »

Scam Alert: Midnight Cardano Sidechain Honeypot Steals Users' FundsScam Alert: Midnight Cardano Sidechain Honeypot Steals Users' FundsCardano was relatively safe space compared to other networks, but scammers are slowly getting to it
Read more »

These 3 Cardano-Based Projects Are Crucial for Ecosystem, Here's WhyThese 3 Cardano-Based Projects Are Crucial for Ecosystem, Here's Why.OptimFi, $DJED, Spectrum: all of these projects are crucial for Cardano ecosystem, and you shouldn't miss their most recent achievements
Read more »

Our culture is experiencing a crisis of masculinityOur culture is experiencing a crisis of masculinityTo have good mental health and a flourishing life, men need good fathers and strong male role models. They also need to have a sense of a cosmic destiny or the recognition that they have a purpose in the world.
Read more »



Render Time: 2025-03-04 17:27:58