Cardano had 37mil ADA on-chain volume yesterday.
Doesn't look like a dead chain to me, but one that is non stop building and full of quality projects that are set to explode.
ADA Stats 06-05-26
โจ New Wallets: 3,790
๐ Active Wallets: 17,753
๐ New Transactions: 61,524
๐ Avg Block Load: 22.27%
๐ฐ Total Value Locked: $103,638,537
๐ Whales: 331
๐ฐ Total ADA Staked: 21,735,032,495 ADA
๐น Market Cap: $6,567,041,931.33
๐ฅ Total Delegators: 1,847,096
๐ฆ Treasury Amount: 1,512,017,193.1 ADA
#Cardano #ADA #Blockchain
Cardano has always been the harder path, but we are here because we chose to walk it. ๐ค
We chose to build where others saw limits, to keep going when progress felt slow, and to believe that infrastructure, decentralization, and community matter.
Now the path feels even harder.
So we do what our community has always done
We march on, regardless.
Because we care about this ecosystem, because we love what we build, and because this mission is still bigger than the market around us.
Cardano is not going anywhere. ๐
Fluid is not going anywhere. ๐
15,000 farms are registered on Cardano with satellite-verified land and sustainability records. ๐ฑ
A new case study shows how @SyngentaFndnInd turned fragmented agricultural data into trusted infrastructure that lenders, insurers, and traders can reuse.
https://t.co/TjgNAchday
This has been a pretty rough week for this industry, ecosystem and even Indigo. No one is immune to the market fallout weโre seeing right now.
However, I would like to offer some words of encouragement and hope for you all leading into the weekend and next weekโฆ
We continue to make gains on new markets and Tranche 2 will go live Monday if these DAO approvals hold. PSM has already amassed 550k USD in liquidity!
Indigo is also capitalized well with 12-15/mo of runway even at these ADA values, so for anyone concerned on that, donโt be. If ADA falls another 90% itโs another story, but I personally donโt see that happening. Weโve worked tirelessly over the 5+yrs weโve been here to build a well oiled machine with the right structural rails in order to sustain market fallout as weโve endured a multitude of times now. This very moment is not different, albeit harsh as thereโs ecosystem-wide pain and project closure happening. Luckily for Indigo, weโre buffered for the time being.
Appreciate you all. Try not to get too down and hereโs to Indigo surviving for the long haul and prospering as the dust eventually settles ๐ช๐ป๐๐ป
Pogun is building the credit rail for Bitcoin. Non-custodial. Deterministic execution. The kind of infrastructure institutions can actually use. Watch this space.
ADA Stats 06-04-26
โจ New Wallets: 3,152
๐ Active Wallets: 15,759
๐ New Transactions: 49,626
๐ Avg Block Load: 16.86%
๐ฐ Total Value Locked: $119,209,152
๐ Whales: 336
๐ฐ Total ADA Staked: 21,735,032,495 ADA
๐น Market Cap: $7,335,801,377.32
๐ฅ Total Delegators: 1,846,979
๐ฆ Treasury Amount: 1,512,017,193.1 ADA
#Cardano #ADA #Blockchain
Cardanoโs Ouroboros Leios is one of the most important scaling upgrades currently being developed for Cardano.
The goal is simple, but technically difficult. Increase throughput without weakening the security and decentralisation properties that make Ouroboros valuable in the first place.
Leios has just now reached another meaningful milestone, with recent progress around the testnet implementation being merged in and expected to be delivered this month.
Leios will expand Cardanoโs throughput. without changing the reasons Cardano matters.
Leios will allow Cardano to scale
@theCryptoHome Please dont compare Cardano to Solana. I appreciate the analogy, but in no way do I like the comparison to a grift chain. This drop in price is nothing new, check out the Covid drop.