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Cardano Crosses 110M Transactions, But What’s It Really Mean?

by Drop Gorn
June 2, 2025
in Cardano, Crypto, DeFi, Finance, Opinion
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Cardano Crosses 110M Transactions, But What’s It Really Mean?
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  • Cardano Hits Major Milestone: The blockchain has officially surpassed 110 million total transactions, according to data shared by TapTools and confirmed via Cardanoscan, signaling strong and steady network usage despite broader market volatility.
  • Staking and Ecosystem Growth: Over 21.8 billion ADA is currently staked across nearly 3,000 pools, reflecting deep community involvement and long-term confidence in Cardano’s future.
  • Price Wobbles Despite Positive Indicators: Although ADA recently dropped 7% to around $0.67, technical indicators suggest a bearish short-term trend, yet a whale’s $5.55M long bet shows some traders are still bullish on a price rebound.

So—Cardano just hit a big milestone. According to TapTools on June 1, 2025, the network passed 110 million total transactions. That’s a pretty hefty number. The stat was shared on X, with a screenshot from Cardanoscan, the main explorer for ADA, showing the count sitting at exactly 110,076,423. Pretty precise, huh?

The post wasn’t just noise either—it’s backed by solid on-chain data. Seeing that figure pop up on a verified tracker like Cardanoscan adds credibility. Even with the crypto market swaying all over the place, Cardano’s network just keeps chugging along. No fireworks, just steady use and growing traction.

The State of ADA: More Than Just Numbers

Looking deeper at Cardanoscan, the numbers tell a broader story. At the time of the snapshot, ADA was priced at about $0.681. There were nearly 3,000 active stake pools with over 21.8 billion ADA staked. That’s not small. It’s a strong sign the community’s got skin in the game—and they’re sticking with it.

People are drawn to Cardano for its research-first vibe. It’s not the flashiest chain, but it’s building slow and steady. Lately, increased usage of smart contracts and network upgrades seem to be nudging those transaction numbers up. More users, more activity—that’s the general trend.

JUST IN: The Cardano network has crossed 110 million transactions, marking another milestone in its ecosystem growth. pic.twitter.com/a49B4Mhkbf

— TapTools (@TapTools) June 1, 2025

ADA’s Price Action Paints a Mixed Picture

Now for the part traders care about—price. Despite all this on-chain success, ADA’s price dipped around 7%, hanging around $0.67 at last check. With an RSI near 42, sentiment leans bearish for now. The MACD? It’s showing warning signs too—classic red bars stacking up.

But not everyone’s backing off. One whale just opened a long position worth $5.55 million. That kind of move screams confidence, right? While ADA might not be spiking short-term, big bets like that suggest some are banking on a bigger rally down the line.

Looking Ahead: Quiet Moves, Big Potential?

Sure, the price is wobbling—but Cardano’s still finding new ways to stay useful. With rising traction in DeFi, NFTs, and even enterprise stuff, its slow-and-steady strategy could pay off. Maybe not today or tomorrow, but it’s laying bricks for something solid.

Whatever happens next, 110 million transactions isn’t nothing. That’s 110 million times someone chose ADA over another network. And honestly? That kind of adoption speaks louder than just the price chart.

Tags: CardanoCardanoScanDeFiNFTTaptoolsX
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