Almost 70% of all Cardano cryptocurrency tokens (ADA) are located in Staying, making it the most decentralized blockchain in the world.
According to the Staking Rewards resource, Cardano users have placed more than 21 billion coins on Staying in the amount of over 6 billion dollars. This is 70% of the total ADA in circulation. Thus, the project overtook the permanent leader of Polkadot and became the most decentralized blockchain in the world at the cumulative value of placed coins. In third place is the Ethereum 2.0 project. The Beacon Chain network is now blocked by ETH worth $ 2.34 billion.
At the time of this writing, the stakes receive an annual income of 4.33%.
Cardano builds pace
Cardano is a blockchain platform created by the Input Output Hong Kong (IOHK) development team led by Charles Hoskinson, the former co-founder of Bitshares, Ethereum and Ethereum Classic. Cardano ecosystem is used to develop and run decentralized applications, including voting platforms on the blockchain. Earlier, BEINCRYPTO reported that the SingularityNet AI platform was viewed with the Ethereum blockchain on Cardano.
Smart contracts, compatibility with other blocks and management functionality are under development, but now the Cardano project occupies an important place in the cryptocurrency industry. According to the Santiment analytical resource, the activity of developers in the project is rapidly restored after drawdown to the minimum levels in October 2020. This means that Cardano is actively preparing for the launch of the new functionality.
The project is gaining popularity
Social activity indicators are also confidently restored since the end of December, confirming the growing interest in cryptocurrency. Recent peaks recorded on January 6 and 9. They coincide with the influx of assets on Staying.
According to Adapools, in one day, users delegated more than 100 million ADA. Over the past seven days, users made an average of 25.7 million coins on an average of 25.7 million coins, and the number of delegates increased by a daily average for 1500. This was announced by Twitter user and one of Cardano fans Peter Norrop (Pieter Nierop)
Lot of New Delegating Wallets.
- Pieter Nierop (@nierop_pieter) January 9, 2021
Staked #ADA. IS Up.
3499 New Wallets! #Cardano. IS unstoppable guys.
These New Wallet Owners Want #ADA..
They Eventually Want Lots of Ada As Well.
Where to get?
We're Not Selling Any, We Are The Staking Army.
Going to Sleep.
Goodnight.
At the time of writing, the ADA is trading at $ 0.30 and takes the seventh line in the cryptocurrency rating with a market capitalization of $ 9.5 billion and the average daily trade volume of about 3.5 billion dollars. On the seventh of January, the coin formed a vertex in the $ 0.388 area. This is a record high of February 2018. Despite the growth, the ADA is still 77% lower than the historic maximum of $ 1.33, achieved on January 4, 2018.
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