- Reportedly, deployed Cardano smart contracts increased by 300% year-to-date.
- Cardano founder sarcastically commented, ‘Ghost scripts,’ mimicking ADA haters.
- ADA currently trades at $0.3185, barely a 2.5% increase in the last seven days.
The popular crypto influencer account, Altcoin Daily, shared an image claiming that the number of deployed Cardano (ADA) smart contracts has increased by 300% year-to-date. Cardano founder Charles Hoskinson sarcastically commented ‘Ghost scripts,’ mimicking haters who often consider ADA transactions a phantom.
Similarly, a Twitter user tweeted last month that the ADA network experienced a 90% increase in daily active addresses performing on-chain transactions. The founder of BuyMoreTokens, an Ethereum network fan, made a mocking remark at the update, saying, “Pretty easy to have a 90% increase when no one is using it.”
Nonetheless, data from Cardano blockchain insight shows a steady increase in ADA on-chain activities, including wallet delegators, new daily ADA wallet creation, payment transactions, total locked value (TVL), and more.
Previously, two crypto enthusiasts claimed that some venture capitalists (VCs) have vowed not to invest in any startup related to the Cardano network. In their view, sponsoring Cardano-related businesses imply taking on unreasonable risk. The founder of Cardano responded by reminding them that it would be smarter to invest in Celsius, LUNA, and FTX rather than ADA.
Hoskinson has constantly remained sarcastic in his replies to critics as they continue calling Cardano blockchain a risky Ponzi scheme waiting to collapse.
Yet, Cardano native ADA ranks among the top crypto projects with the largest market cap. ADA currently trades at $0.3185, with barely a 2.5% increase in the last seven days. Crypto traders bought and sold nearly $180 million worth of ADA tokens over the previous 24 hours.
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