Cardano (ADA), a cryptocurrency similar to Ethereum, saw increasing activity on the blockchain in February 2021 as investor interest grew. The digital coin also ranked among the most traded virtual currencies on the market during this time. One reason for this interest is the digital coin's close relation to Ethereum (ETH): The two coins both have an open-source format and share the same co-founder.
Number of daily transactions per day on the blockchain of Cardano (ADA) from September 2017 to January 10, 2022
(in 1,000s)
The numbers provided concern network transactions, not trading volume
Supplementary notes
The source adds the following information: "Transactions represent a bundle of intended actions to alter the ledger initiated by a user (human or machine). Transactions are counted whether they execute or not and whether they result in the transfer of native units or not (a transaction can result in no, one, or many transfers). Changes to the ledger mandated by the protocol (and not by a user) or post-launch new issuance issued by a founder or controlling entity are not included here."
Monthly figures are as of the end of that particular month.
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Coin Metrics. (January 10, 2022). Number of daily transactions per day on the blockchain of Cardano (ADA) from September 2017 to January 10, 2022 (in 1,000s) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1202328/average-number-cardano-transactions/
Coin Metrics. "Number of daily transactions per day on the blockchain of Cardano (ADA) from September 2017 to January 10, 2022 (in 1,000s)." Chart. January 10, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1202328/average-number-cardano-transactions/
Coin Metrics. (2022). Number of daily transactions per day on the blockchain of Cardano (ADA) from September 2017 to January 10, 2022 (in 1,000s). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1202328/average-number-cardano-transactions/
Coin Metrics. "Number of Daily Transactions per Day on The Blockchain of Cardano (Ada) from September 2017 to January 10, 2022 (in 1,000s)." Statista, Statista Inc., 10 Jan 2022, https://www.statista.com/statistics/1202328/average-number-cardano-transactions/
Coin Metrics, Number of daily transactions per day on the blockchain of Cardano (ADA) from September 2017 to January 10, 2022 (in 1,000s) Statista, https://www.statista.com/statistics/1202328/average-number-cardano-transactions/ (last visited November 21, 2024)
Number of daily transactions per day on the blockchain of Cardano (ADA) from September 2017 to January 10, 2022 (in 1,000s) [Graph], Coin Metrics, January 10, 2022. [Online]. Available: https://www.statista.com/statistics/1202328/average-number-cardano-transactions/
