$ADA: All Six On-Chain Metrics Monitored by Cardano Foundation Went Up in September

$ADA: All Six On-Chain Metrics Monitored by Cardano Foundation Went Up in September

On Thursday (October 6), Cardano Foundation delivered good news for $ADA HODLers in the form of the latest monthly on-chain stats for Cardano.

Cardano Foundation is “an independent Swiss-based non-profit that oversees and supervises the advancement of Cardano.” It is the legal custodian of the Cardano brand and it collaborates with IOG and EMURGO to “ensure that Cardano is being developed and promoted as a secure, transparent, and accountable solution for positive global change.” Cardano Foundation “sets the direction for decentralized economic empowerment, working with regulators in different jurisdictions to shape blockchain legislation and commercial standards, and empowering the Cardano community to leverage the Cardano protocol to solve real-life problems.”

Cardano Foundation celebrated the first anniversary of the Alonzo hard fork on the Cardano ($ADA) mainnet on September 12:

It then went on to say that since the Alonzo HFC event took place on the Cardano mainnet 3000+ Plutus scripts (smart contracts) had been added to the Cardano blockchain. It also mentioned that “nearly 30% of transaction types utilize smart contracts and volume continues to increase.”

Well, earlier today, Cardano Foundation sent out a tweet to its over 852K followers that showed how the number of native tokens, the number of wallets, the number of Plutus scripts, the number of transactions, the number of delegated wallets, and the number of policies had all gone up in September 2022:

To give you an idea of how things have changed for Cardano in the past one week period, it is worth pointing out that Olga Hryniuk, who works in the Marketing and Communications department of IO Global (“IOG”), the blockchain technology firm responsible for the development of Cardano ($ADA), reported on September 30 in her company’s latest Cardano Weekly Report, there were (as of the date of the report) 100 projects launched on Cardano, 1113 projects building on Cardano, 6.1 million tokens, and 3,307 Plutus scripts; also, there have so far been over 50.3 million transactions.

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