Key Points: According to Cardano Blockchain Insights statistics at the beginning December, there were approximately 4,000 smart contracts on Cardano. This number has since risen up to over 5,000.
In January, the Cardano Foundation stated that the network was still growing with more than 60.2 million transactions and 7.66 million native tokens being deployed.
According to Cardano Blockchain Insights statistics at the beginning December, there were approximately 4,000 smart contracts on Cardano. This number has since increased to over 5,000. Plutus, a smart contract platform of Cardano’s blockchain, allows users to create apps that interface with the network. The long-awaited Alonzo hardfork was completed in December 2017. This integrated smart contracts into the network, making it possible for them compete with other blockchains like Ethereum, BNB chain, and Solana. In January 2018, the number of smart cards on Cardano exceeded 1,000. The implementation of Alonzo’s hard fork in December 2017 resulted in a significant increase in smart contracts on Cardano, surpassing 1,000 in January 2017. The community of just under 1,800 predicts that the ADA price will rise to $0.45 by February. This would be a 15% increase from the current $0.39 price. However, the community has a lower outlook of ADA’s price by May, with a forecast of 0.3 USD. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuChubbiCoincu NewsTags: BlockchainCardanomarketSmart ContractsWeb3