Cardano (ADA) has seen significant growth in its Plutus-based smart contract ecosystem in 2024, with the number of Plutus V2 scripts increasing from 8,083 to 104,606. The growth of Plutus V1 scripts has been more modest, but still relevant for certain use cases. Overall, Cardano's smart contract ecosystem expanded by 97,534 contracts in 2024. The introduction of Plutus V3, with improved efficiency and lower development costs, further positions Cardano as an attractive platform for DeFi, dApps, NFTs, and other applications. This technical evolution has contributed to an increase in ADA's price and market capitalization. The trajectory of Cardano suggests a promising future in blockchain innovation.



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