Cardano records 50,000 new wallets
Cardano has seen its market share increase considerably, adding over 50,000 wallets to its protocol this month. According to Yevhen, a Cardano ambassador, the total Cardano wallets increased from 3,842,867 on January 1 to 3,894,735 registered wallets by January 25, 2023.
This growth reflects increased adoption of ADA and more on-chain activity among users. Cardano’s market cap has also exploded from $8.48 billion recorded late last year to $13 billion today.