Cardano Smart Contracts Surge: Over 70,000 Added in 2024
Cardano's Smart Contract Boom
In 2024, Cardano's (ADA) ecosystem has seen remarkable growth in its smart contract capabilities, with Plutus V2 contracts taking center stage. Starting off the year with 8,083 Plutus V2 scripts, the number skyrocketed to 80,437 by September 18, marking a jaw-dropping increase of 72,354 contracts.
Unprecedented Growth
- Plutus V1 Scripts: Began with 6,296 contracts, reaching 6,711 by mid-September.
- Plutus V3 Upgrade: Launched in 2024, bringing significant improvements to smart contract functionality.
With a total of 72,787 contracts added in 2024, Cardano's smart contract ecosystem is thriving. This expansion emphasizes Cardano's focus on enhancing efficiency, security, and interoperability.
Market Impact
As of now, Cardano's ADA token is trading at $0.3484, reflecting a 5.78% increase on the day, while the market watches for further developments.
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