Cardano on-Chain transaction volumes increase 50 times
According to data from IntoTheBlock, the number of large transactions with volumes exceeding $100,000 jumped by 50 times just in 2022.
Increased demand on the Cardano network was most likely tied to the general growth of the network as its TVL exceeded $300 million, total market capitalization broke through $40 billion and the price hit a two-month high.