The Cardano network has reached a new user milestone, with over 5.2 million wallets created on the network. Over 50,000 of these wallets were created in the past month alone, indicating growing interest in the network. Other key areas of growth on the network include a 57.8% increase in average daily active addresses and a 65.4% spike in average daily transactions. Cardano founder Charles Hoskinson believes ADA, Ethereum, and XRP will be the winners in the current market cycle, citing the dominance of institutional investors. The price of ADA is currently at $0.80, showing a 1.2% increase in the past 24 hours.



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