The number of smart contracts deployed on the Cardano ($ADA) network has grown by 100 in only two weeks after the Vasil hard fork went live on the smart contract network, showing developers are pushing Cardano forward.
According to data from Cardano Blockchain Insights, as Finbold reports, there were 3,2929 smart contracts on Cardano at the time of the Vasil hard fork, on September 22. As of October 6, there were 3,392 smart contracts deployed on Cardano, reflecting a rise of 100 smart contracts in just 14 days.
Plutus, it’s worth noting, is the “smart contract platform of the Cardano blockchain” that allows users to “write applications that interact with the Cardano blockchain.”
The number of smart contracts on Cardano surpassed 1,000 back in January of this year after the price of ADA exploded last year with the rollout of the widely anticipated Alonzo hard fork, which brought smart contracts into the network, allowing it to compete with other blockchains such as the BNB Chain ($BNB), Ethereum ($ETH), and Solana ($SOL).
As CryptoGlobe reported, Cardano surpassed the 3,000 smart contract mark in August of this year, after adding around 100 smart contracts in a month at the time. Cardano was in July revealed to continue being the king of blockchains when it comes to the frequency of meaningful GitHub activity. Per Santiment, Cardano “continues to see the most frequent notable GitHub activity,” followed closely by Flow ($FLOW), Polkadot ($DOT), Kusama ($KSM), and Ethereum ($ETH):
Santiment’s developer activity metric tracks “the number of GitHub events that the project organization generated.” It tracks development events instead of just commits as its methodology “successfully avoids” specific pitfalls, which for example include projects forking others to “inherit” their commits and contributions.
The crypto community is especially bullish on Cardano, with price estimates made via CoinMarketCap revealing that 10,800 users believe the cryptocurrency will trade at $$0.577 by the end of the month, up 35% from the cryptocurrency’s current $0.42 price tag.
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