Cardano Network Activity Surges Past 111 Million — Will ADA Follow With a Price Spike?
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The latest Cardano network report has disclosed that the total number of transactions and the delegated representatives (DReps) are increasing. The Leios team completed a comprehensive experiment to examine protocol variants. The Cardano weekly development report dated July 4, 2025, has confirmed that total transactions within the week increased to 111 million, representing a 0.2% growth from the previous week. Within the period, Smart Contract deployments significantly increased with about 138,996 Plutus scripts and 7,682 Aiken scripts going live on the network. More About the Cardano Report Reviewing the report, we found that the number of delegated representatives (DReps) has increased to 1,377%. In terms of developer engagement, GitHub Commits recorded a 27% surge to 259. In the previous report reviewed by CNF, the GitHub commits were around 278. Apart from this, several updates were recorded within the ecosystem with the ledger team defining the “PlutusV4 for the Dijkstra era.” Under scaling, the Mithril team successfully implemented the publisher and consumer for the DMQ network. According to the report, they also completed the “stabilization of the Cardano database v2 backend” in the “Mithril client CLI and library”. The Leios team conducted an experiment to examine protocol variants, bandwidth requirements, and conflict handling. Additionally, the Leios team finished the comprehensive analysis of “nine candidate Leios variants” using different sharding strategies. Fascinatingly, the Catalyst Team is reported to be just a few town halls away from reaching the 200 milestone. This week, the Catalyst team hosted Town Hall #195 and welcomed a special guest, Audra Gibson, who is the startup communities program lead. Their Fund13 proposal plans to launch a 10-week Founder Catalyst virtual pre‑accelerator from October to December 2025. The upcoming virtual pre‑accelerator is expected to provide masterclasses on several topics, including pitch coaching, customer delivery, etc. It would also provide…
Filed under: News - @ July 6, 2025 2:42 pm