Daily active Cardano (ADA) addresses up until January 10, 2022

Published by Statista Research Department, Sep 26, 2023
The number of addresses that actively sent or received Cardano coins on the blockchain more than doubled by the end of November 2021. Reaching nearly half a million active addresses, the ADA coin became increasingly popular in 2021 as an alternative to Ethereum - both being cryptocurrencies connected to blockchains commonly used for NFTs and Decentralized Finance (DeFI). Two important drivers behind this development include the growing transaction fees for Ethereum, as well its increasing mining difficulty. Cardano is considered to be a cheaper, but also faster option for DeFi app developers when compared to Ethereum.

Daily number of unique addresses active on the blockchain network as a sender or receiver of Cardano (ADA) from January 1, 2020 to January 10, 2022

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Release date

January 2022

Region

Worldwide

Survey time period

January 1, 2020 to January 10, 2022

Supplementary notes

The source adds that the numbers refer to as "The sum count of unique addresses that were active in the network (either as a recipient or originator of a ledger change) that interval. All parties in a ledger change action (recipients and originators) are counted. Individual addresses are not double-counted."

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