Cardano adds over 2,000 wallets per day in 2024

Cardano continues to experience impressive growth in the number of wallets on its blockchain. As of March 20, there were 4,651,150 wallets on the Cardano network, a 3.75% increase since January 1. On average, Cardano has been adding around 2,100 new wallets per day in 2024, signaling the growing adoption of its Proof of Stake network. The most successful day for new wallet additions was February 2, with 5,414 new addresses created. Additionally, Cardano has seen an influx of 40,000 new smart contracts, with an average of 495 contracts created per day since the start of the year. Despite some price fluctuations, Cardano’s native token is currently trading at $0.63465, and experts predict continued growth, with price projections ranging from $0.945 to $11 by the end of 2024. However, it is important to stay informed and exercise caution when considering investment in Cardano.