The post Bullish Signal for ADA Price appeared on BitcoinEthereumNews.com.

Cardano (ADA) records a total transaction of 110.43 million, with 2004 projects currently building on its blockchain.  A latest report has confirmed that 352 DReps have been registered on the network, coupled with 278 Commits.  Cardano (ADA) has announced a significant surge in network activities, with a whopping number of 2004 projects currently building on the blockchain. According to the details highlighted in the weekly development report dated June 13, 820 of these projects are reported to be focusing on Non-Fungible Tokens (NFTs) use cases. 1,184 of these projects are also related to NFTs, while their delegated wallets increased by 0.04% from the previous week to reach 1.33 million. Within the period, a total of 10.83 million native tokens were recorded, coupled with 216,879 token policies. Further reviewing Cardano’s performance within the week, we found that the number of Plutus scripts has also reached 138,365, with Aiken scripts made up of 7,213. Cardano recorded 110.43 million transactions, a 0.20% increase from the previous week, as mentioned in our recent news brief. 1,352 delegated representatives (DReps) were also registered, marking a 0.44% increase. Above all, there was a 32% surge in Commits to 278. Apart from these, several technological upgrades were recorded within the week, with the Site Reliability Engineering (SRE) team improving the Cardano environment and engaging in regular maintenance. The consensus team also worked on the “Leios ledger and protocol design.” According to reports, they are working to add transactions to the Haskell Leios simulator. Meanwhile, a proposed change to the VRF tiebreaker was extensively evaluated. Developmental Updates in Cardano’s Smart Contract and Scaling Under the Smart Contracts, the implementation of the case analysis of the booleans and integers was completed by the Plutus Core team. Apart from this, the Plutus section of the blueprint was completed to support…

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Filed under: News - @ June 15, 2025 2:25 pm