- Cardano reached 1,000,000 active ADA wallets in the crypto world
- Over 75% of ADA’s circulation are staked in different wallets and active pools
Cardano (ADA) has successfully reached 1,000,000 active ADA wallets across different platforms in the crypto world. The Cardano community has shared this great news via tweet post. Indeed, this is an event celebrated by Cardano and its community.
Interestingly, over 75% of ADA, approximately $33.95 billion, is currently staked in different wallets and active pools worldwide. Based on the data provided by CoinGecko, ADA continues to keep its position as one of the top cryptos in the crypto market. For this reason, ADA market capitalization amounts to almost $50 billion with a 24-hour trading volume of over $7 billion.
Despite the market bloodbath in the past few days, Cardano is one of the digital assets in the crypto world that recovers fast. As a result, Cardano gains more funding instead of dumping in the latest bearish market. In fact, in the past 30 days, Cardano was able to generate a price growth rate of +30%. Truly, Cardano has already established its reputation, which makes it one of the trusted virtual-assets in the crypto world.
Moreover, the relationship of Cardano with the African government continues to run smoothly. If this keeps on, Cardano mass adoption will be inevitable. As a result, Cardano might be able to set another milestone in the amount of active ADA wallets globally.
