You got Money! Welcome epoch 359.

Don’t forget! Today is #AdaPayDay Cardano.

Enjoy this paycheck while ADA is $0.44

5-6% #ADA Staking rewards every 5th day!

What a great way to earn #PassiveIncome!!

Stake your Cardano earn passive income ADA have it work for you!

More info: https://explorer.cardano.org/en/epoch.html?number=359

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.

Another Cardano epoch is finished, which allows us to analyze the behavior of users on the network and smart contract usage, which is directly tied to the success of a network in the blockchain industry.

As the data suggests, 29% of many transactions on the network were tied to smart contract operations. Transactions made with and without metadata with the usage of smart contracts stayed at 15.6% and 13.5%, respectively.

Epoch 340 finished. Transactions with Smart Contracts are growing epoch over epoch. Now at ca. 29% of all types of transactions. pic.twitter.com/KU1fwN0GGf

— Cardano Blockchain Insights (@InsightsCardano) May 26, 2022

Transactions with metadata but without the usage of smart contracts are at 26%. The largest portion of transactions on the network is still simple ADA transactions, with 44% of the total number of operations.

Reportedly, the number of smart contract transactions and their usage is increasing epoch after epoch. The rising number of smart contract interactions is direct evidence of the fundamental growth of the network.

With the rising number of transactions with smart contract usage, users spend more fees and create more revenue for decentralized applications and platforms, which reward the development process on Cardano.

Back in March, Cardano was one of the most rapidly growing networks in the whole industry, as it saw the massive increase in the number of decentralized applications and the TVL. As of now, we see a decrease in the number of Cardano decentralized app users as the TVL dropped to $124 million from the $326 million peak reached in March 24.

As of now, Cardano has at least 10 dApps presented on the DefiLIama page, with 47% of TVL concentrated in Minswap. At press time, ADA trades at $0.5 and losing 2.7% in the last 24 hours.

You got Money! Welcome epoch 339.

Don’t forget! Today is #AdaPayDay Cardano.

Enjoy this paycheck while ADA is $0.58.

5-6% #ADA Staking rewards every 5th day!

What a great way to earn #PassiveIncome!!

Stake your Cardano earn passive income ADA have it work for you!

More info: https://explorer.cardano.org/en/epoch.html?number=339

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.

You got Money! Welcome epoch 338.

Don’t forget! Today is #AdaPayDay Cardano.

Enjoy this paycheck while ADA is $0.65.

5-6% #ADA Staking rewards every 5th day!

What a great way to earn #PassiveIncome!!

Stake your Cardano earn passive income ADA have it work for you!

More info: https://explorer.cardano.org/en/epoch.html?number=338

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.