Cardano Sets New Milestone in Native Tokens Issued Following On-chain Growth in August

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Number of transactions up 4.49% to 49.1 million

The Cardano network has set a new milestone as it has now seen the mining of over six million native tokens. According to data from Pool.PM, the number of local assets issued on the Cardano blockchain currently stands at 6,020,615, with 61,055 different mining policies.

The Cardano blockchain can natively generate, interact with and delete custom tokens (or “assets”). The term “native” designates the fact that users may interact with these unique assets out of the box without having to employ smart contracts.

Two years ago, Cardano founder Charles Hoskinson predicted that the ecosystem would grow as there would be “hundreds of assets, thousands of dApps, tons of interesting projects, and lots of uniqueness and utility.”

Hoskinson revisited the July 2020 prediction as he noted that there were now millions of assets being created on Cardano, as previously reported by U.Today.

as of recent Figures by IOGAt present, there are 1,082 projects being built on Cardano. A total of 94 projects have been launched on Cardano, while the number of Plutus scripts is 3,154.

Cardano records on-chain growth in August

The Cardano Foundation has shared a wrap-up of on-chain data for August. The number of on-chain transactions is up 4.49% to 49.1 million.

As stated earlier, the number of local assets issued on the Cardano blockchain has grown to over six million with 61,055 different mining policies. On both the fronts, it shows a growth of 5.28% and 3.49% respectively over the last month. Last month, the number of Cardano wallets increased by 1.38% to 3.55 million, while the number of delegated wallets increased by 0.68% to 1.18 million. Similarly the number of Plutus scripts increased by 5.28%.

The Cardano Foundation also shared metrics on Vasil SPO readiness, with 87% of mainnet blocks already created by the Vasil node candidate 1.35.3. As reported by U.Today, Cardano’s founder, Charles Hoskinson, gives the expected date for the Vasil mainnet launch as Sept. 22 of this year.

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