Cardano Reports Nearly 2,000 Projects in Development as Network Hits 106M Transactions

Cardano Network Achieves Major Milestones With 106M Transactions and Nearly 2,000 Active Projects

  • Cardano‘s ecosystem reaches 1,985 active projects with over 10.68 million native tokens issued.
  • Platform achieves significant milestone of 106.19 million processed transactions.
  • Ledger team implements optimization for Plutus scripts, reducing computational overhead.
  • Mithril’s ‘Pythagoras’ era successfully activated on mainnet at epoch 539.
  • Constitutional transition marks governance milestone with unanimous council vote.

Cardano’s February 2025 development report reveals substantial ecosystem expansion, with transaction volume surpassing 106 million and nearly 2,000 projects now building on the platform. The growth metrics indicate accelerating adoption of the proof-of-stake blockchain platform.

- Advertisement -

The Cardano network’s technical infrastructure saw notable improvements through the ledger team’s optimization efforts. The enhancement of Plutus script context computations – the smart contract execution environment – represents a significant advancement in the platform’s computational efficiency. These optimizations are particularly crucial for decentralized applications (dApps) that require complex smart contract interactions.

The implementation of the Mithril protocol’s ‘Pythagoras’ era marks a technical milestone for the network. Mithril, a stake-based threshold signature scheme, enables faster network synchronization and enhanced security features. The activation at epoch 539 demonstrates the protocol’s successful evolution from its initial testing phases in late 2024.

The Leios team’s focus on cryptographic benchmarking aligns with Cardano’s commitment to academic rigor in blockchain development. Their work on network modeling builds upon the platform’s history of peer-reviewed research and formal verification methods, which have distinguished Cardano from other blockchain platforms since its inception in 2017.

The constitutional transition represents a pivotal moment in Cardano’s governance evolution. The unanimous vote by the interim council signifies the network’s progression toward more formalized governance structures, following the decentralization roadmap established during the platform’s Voltaire era.

Native token issuance reaching 10.68 million demonstrates the platform’s growing utility for token creation and management. This metric reflects increased adoption of Cardano’s native token framework, which allows for multi-asset support without requiring smart contracts, a feature that has been available since the Mary hard fork in 2021.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

BPX Gains FCA Nod to Trade Tokenized Securities in the UK

BPX, a startup focused on trading tokenized securities, received several authorizations from the UK’s...

Shopify, Coinbase Launch USDC Payments; Mastercard Expands Crypto Access

Shopify and Coinbase allow merchants to accept USDC stablecoin payments, making crypto transactions easier...

Coinbase Launches Wrapped ADA and LTC on Base, COIN Hits New High

Coinbase has introduced wrapped versions of Cardano (ADA) and Litecoin (LTC) on its Ethereum...

ClickFix Attacks Surge 517% in 2025, Fake CAPTCHAs Spread Malware

ClickFix attacks using fake CAPTCHA verifications have risen by 517% in early 2025, according...

FHFA Orders Fannie, Freddie to Consider Crypto as Mortgage Collateral

The U.S. Federal Housing Finance Agency ordered Fannie Mae and Freddie Mac to consider...

Must Read

9 DePIN Programs For Passive Income

Here’s something most people don’t realize: your smartphone and PC can generate passive income with almost no effort.I’m not talking about clicking ads for...