{"id":28425,"date":"2022-05-30T07:29:44","date_gmt":"2022-05-30T11:29:44","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=28425"},"modified":"2024-07-28T07:38:04","modified_gmt":"2024-07-28T11:38:04","slug":"cardano-network-sees-over-5-million-nfts-minted-price-spikes-by-12","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/cardano-network-sees-over-5-million-nfts-minted-price-spikes-by-12\/","title":{"rendered":"Cardano Network Sees Over 5 Million NFTs\u00a0Minted, Price Spikes By 12%"},"content":{"rendered":"\n<p>The Cardano network has now seen over 5 million <a href=\"https:\/\/coinscreed.com\/staging\/emirates-airline-to-accept-btc-payments-considers-launching-nfts.html\">NFTs<\/a> minted with over 50 thousand distinct minting policies.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"900\" height=\"349\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/Cardano-Network-Sees-Over-5-Million-NFTs-Minted-Price-Spikes-By-12.jpg\" alt=\"Cardano Network Sees Over 5 Million NFTs\u00a0Minted, Price Spikes By 12%\" class=\"wp-image-28427\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/Cardano-Network-Sees-Over-5-Million-NFTs-Minted-Price-Spikes-By-12.jpg 900w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/Cardano-Network-Sees-Over-5-Million-NFTs-Minted-Price-Spikes-By-12-300x116.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/Cardano-Network-Sees-Over-5-Million-NFTs-Minted-Price-Spikes-By-12-768x298.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/Cardano-Network-Sees-Over-5-Million-NFTs-Minted-Price-Spikes-By-12-150x58.jpg 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/Cardano-Network-Sees-Over-5-Million-NFTs-Minted-Price-Spikes-By-12-750x291.jpg 750w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><figcaption>Cardano Network Sees Over 5 Million NFTs\u00a0Minted, Price Spikes By 12%<\/figcaption><\/figure>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\"><ul><li><a href=\"#h-over-5-million-nfts-minted-on-cardano-network\" >Over 5 Million NFTs Minted On Cardano Network<\/a><\/li><li><a href=\"#h-cardano-network-to-have-more-asset-minted\" >Cardano Network To Have More Asset Minted<\/a><\/li><li><a href=\"#h-ada-spikes-by-12\" >ADA Spikes By 12%<\/a><\/li><\/nav><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-over-5-million-nfts-minted-on-cardano-network\">Over 5 Million NFTs Minted On Cardano Network<\/h2>\n\n\n\n<p>Over five million NFTs have been minted on the <a href=\"https:\/\/coinscreed.com\/staging\/cardano-foundation-appoints-new-technical-direc.html\">Cardano network<\/a>. The quantity of <a href=\"https:\/\/twitter.com\/thinkgrowcrypto\/status\/1487233204410937349\/photo\/1?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1530998002130636800%7Ctwgr%5E%7Ctwcon%5Es3_&ref_url=https%3A%2F%2Fu.today%2Fcardano-native-assets-minted-reach-5-million-ada-spikes-12\" target=\"_blank\" rel=\"noreferrer noopener\">native assets<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> issued on the Cardano blockchain is currently 5,019,030, according to pool.pm data, with 54,831 different minting policies.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-twitter\"><blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Over 5 million native assets minted on Cardano. <a href=\"https:\/\/t.co\/WIb8Jq186G\" target=\"_blank\">https:\/\/t.co\/WIb8Jq186G<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a> <a href=\"https:\/\/t.co\/8jphMTvRBv\" target=\"_blank\">pic.twitter.com\/8jphMTvRBv<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a><\/p>&mdash; Jami Safari (@thinkgrowcrypto) <a href=\"https:\/\/twitter.com\/thinkgrowcrypto\/status\/1530998002130636800?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 29, 2022<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/div><\/figure>\n\n\n\n<p><a href=\"https:\/\/coinscreed.com\/staging\/crypto-coins-and-tokens-what-is-the-difference.html\">Custom tokens <\/a>can be created, interacted with, and deleted natively on the Cardano blockchain (or &#8220;assets&#8221;). Users may interact with these custom assets right out of the box, without having to use smart contracts, thanks to the term &#8220;native.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-cardano-network-to-have-more-asset-minted\">Cardano Network To Have More Asset Minted<\/h2>\n\n\n\n<p>Cardano developer <a href=\"https:\/\/coinscreed.com\/staging\/charles-hoskinson-speaks-on-the-present-fud-surrounding-ada.html\">Charles Hoskinson<\/a> anticipated that by 2020, there would be &#8220;hundreds of assets, thousands of dApps, tons of interesting projects, and lots of unique and utility.&#8221;<\/p>\n\n\n\n<p>Hoskinson revisited the 2020 prediction while responding to a critic who said that the prognosis had failed to materialize by pointing out that millions of assets have been minted on Cardano.<\/p>\n\n\n\n<p>Cardano has the second greatest 24-hour adjusted volume of transactions, according to <a href=\"https:\/\/messari.io\/screener\/chains-activity-DB01F96B\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Messari data<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a>. Adjusted transaction volume is still an effective way to isolate only the most crucial transactions.<\/p>\n\n\n\n<p>With a 24-hour volume of $9.15 billion, Cardano beat rival cryptocurrencies like Bitcoin and Litecoin in adjusted transaction volumes. This phrase was recently posted by Cardano founder Charles Hoskinson in response to a critic who referred to Cardano as &#8220;Ghostchain.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ada-spikes-by-12\">ADA Spikes By 12%<\/h2>\n\n\n\n<p>On May 27, the ADA price fell to $0.44 before rebounding. At the time of publication, ADA was trading at $0.516, up roughly 12%, indicating that it would be the third day in a row with positive price activity. <\/p>\n\n\n\n<p>The new price increase reflects a more than 33 percent increase over its lowest price of roughly $0.39 earlier this month.<\/p>\n\n\n\n<p>IOHK released the network's most recent statistics over the weekend. Cardano is now being used in 986 projects, up from 943 earlier. <\/p>\n\n\n\n<p>Cardano has recently seen the launch of 88 new projects, bringing the total number of NFT projects to 5,727. The overall number of Github connections for the week was 3,028.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Cardano network has now seen over 5 million NFTs minted with over 50 thousand distinct minting policies. Over 5 Million NFTs Minted On Cardano Network Over five million NFTs have been minted on the Cardano network. The quantity of native assets issued on the Cardano blockchain is currently 5,019,030, according to pool.pm data, with [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":28427,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[75],"tags":[7441,6322],"class_list":["post-28425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-cardano-blockchain","tag-cardano-news"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/Cardano-Network-Sees-Over-5-Million-NFTs-Minted-Price-Spikes-By-12.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/28425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=28425"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/28425\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/28427"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=28425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=28425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=28425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}