Cardano Spikes In the Second Quarter of 2023

August 8, 2023

  • Cardano saw a 49% increase in the number of transactions on its network in Q2 2023, compared to Q1 2023.
  • The growth was driven by the launch of smart contracts on Cardano in April 2023, which enabled developers to create decentralized applications (dApps) on the platform.
  • Cardano also witnessed a surge in social media sentiment, as measured by the LunarCRUSH index, which tracks the popularity and engagement of crypto projects online

Cardano’s founder, Charles Hoskinson, said that the platform is on track to achieve its vision of becoming a global social and financial operating system that can empower millions of people. Cardano is currently the fifth-largest cryptocurrency by market capitalization, with a value of over $10 billion.

If you found this helpful, Subscribe to The Art of the Bubble’s free newsletter.

Join us on Discord for live chat and daily updates. Find us on Twitter too

You found this content helpful ?

  1. 1
    Join our free weekly "Bubble Bulletin" for more
  2. 2
    Join us on Discord for live chat and daily updates
  3. 3
    Follow us on Twitter
  4. 4
    Share this content using the buttons below :

Disclaimer

This piece of content is provided for educational and entertainment purposes only. Robin Technologies and Analytics LLC is the firm that distributes 1.2 Labs products. The firm does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments; nor is Robin Technologies and Analytics LLC registered as an investment adviser or broker-dealer in any jurisdiction.

You should expect no financial returns one way or another based on statements contained herein. These points hold equally for any statements that could be attributed to The Art of The Bubble or any related business entities or personnel operating in association with Robin Technologies and Analytics LLC.

If you decide to buy or invest in anything, then your returns and potential losses are your own. No statements about taxation are taxable advice and you are encouraged to consult your own tax professional. You are also encouraged to do your own due diligence before investing in anything.

RELATED POSTS:

December 22, 2022

April 26, 2023

August 31, 2022

September 26, 2022

March 29, 2024

April 27, 2023

April 16, 2024

July 21, 2022

February 9, 2023

LATEST POSTS:

May 16, 2024

May 15, 2024

May 14, 2024

May 9, 2024

May 8, 2024

May 7, 2024

May 6, 2024

May 2, 2024

May 1, 2024

What do do now?

Join the free 1.2 Labs "Bubble Trading" Bulletin for new trading strategies, macro & sentiment analysis and occasional free airdrops