Cardano Hits 111 Million Transactions, ADA Eyes New High

• Cardano reaches 111 million transactions on the network
• Over 22 billion ADA are already staked
• Analysts project ADA between $0,83 and $0,91

The Cardano network has surpassed 111 million transactions, demonstrating the steady growth of its user base and ecosystem. The smart contract platform, which currently has 2.005 active projects, continues to attract developers, investors, and users interested in the scalability and security it offers.

BREAKING: Cardano $ ISLANDS has now processed over 111 million transactions—secure, scalable, and built for the long game. pic.twitter.com/uevsDV4MfP

—TapTools (@TapTools) July 3, 2025

In addition to the transactional milestone, Cardano delivered solid numbers on other fronts. The number of delegated wallets reached 1,33 million, demonstrating strong adoption of the staking model. Currently, over 22 billion ADA tokens are allocated, which represents about 62% of the cryptocurrency’s circulating supply.

On the technical side, development continues at a rapid pace, with 138.996 Plutus scripts and 7.682 Aiken scripts already deployed. Decentralized governance is also evolving, with 1.377 registered delegated representatives (DReps), 976 of which are active. Engagement on GitHub has also grown, with 259 commits registered in the last week alone.

In terms of volume, the network has moved 276 billion ADA over the past 67 days, which is equivalent to around $165 billion based on average prices over the period. This data reinforces the on-chain activity and the growing use of the network in real transactions and decentralized applications.

Another week, another Cardano development update, now live on Essential Cardano. Check this week's highlights and get the latest on core technologies, wallets and services, smart contracts, and scaling and governance developments. pic.twitter.com/FTD0Ei09kF

- Input Output (@InputOutputHK) July 4, 2025

The adoption of the Brave browser, which already has more than 91 million monthly users, also contributes to Cardano's visibility, especially with the future integration of the Midnight sidechain, which aims to expand the blockchain's utility beyond traditional contracts.

Market sentiment is following suit. Analyst Ali Martinez noted that a daily close above $0,67 could push ADA into a range between $0,83 and $0,91. Analyst Lucky noted that the token is “calling for higher levels,” suggesting potential for a further rally.

Despite a slight drop of 1,6% in the last 24 hours, with ADA trading at $0,5732, technical indicators and positive community sentiment indicate that the cryptocurrency could be close to a new significant move.