Cardano Broke Above the 20 M Transaction Milestone

According to Cardano blockchain explorer Cardanoscan, the number of total Cardano transactions surpassed 20 million, reaching 22.056.500. Earlier, on November 2, Cardano announced that the number of ADA wallets has surged above 2 million.

As the volume goes higher, Cardano developers carried out an upgrade, increasing the number of the block by 12.5%.

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Now, the block size is 72 KB to support more transactions in a second. Also, Plutus script memory got 12.5% larger to allow developers to build more complex solutions.

The native token of the Cardano blockchain, ADA has a max supply of 45 billion tokens, around 33.7 billion of which are in circulation. In total, about 23 billion ADA tokens are staked.

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Currently, ADA trades at around $1.65 with a market cap of $55.2 billion. The highest price of ADA was reached on September 2, when it went up to $3.1.

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