Number of on-chain transactions is up 7.74% at 42.5 million
The Cardano Foundation recently shared its latest monthly on-chain data recap. A total of 947 proposals were funded with the project catalyst. Meanwhile, the number of on-chain transactions increased by 7.74% to 42.5 million.
According to the pool.pm data, the number of native assets issued on the Cardano blockchain is presently 5,059,748, with 55,043 distinct minting policies. This represents a more than 8.64% increase in the past month. The number of Cardano wallets slightly rose in the past month to 3.36 million, while that of Plutus scripts rose by 5.47%.
However, the percentage of ADA staked and staking pools was down slightly, by 1.35% and 0.75%, respectively. The price of ADA was trading down 5.05% to $0.58 as the cryptocurrency pared back the impressive gains it had seen since the start of the week. However, ADA is up 19.08% over seven days.
The price of Bitcoin and the rest of the crypto market had a brief relief bounce in the final week of May, interrupting the overall decline. With a roughly 40% increase, Cardano’s ADA led advances among crypto majors. This is due to growth in the issuance of native assets on the network and, as reported by U.Today, over five million assets have now been minted on Cardano. Also, positive expectations regarding the planned Vasil Hard Fork partly contributed to the price increase.
Cardano Pavs reached 440,000 ADA in secondary sales with 5,000 holders
The first Metaverse project launched by Cardano, Pavia, saw over 440,000 ADAs in Pavers secondary sales volume. Pavs also boasts of nearly 5,000 unique wallet holders with the highest sale of 13,000 ADA. Pavs are Cardano NFTs belonging to the Pavia Metaverse.
Pavia, which officially launched as the first Cardano Metaverse in January, was named after Pavia, Italy, the 1501 birthplace of Gerolamo (Jerome) Cardano.
