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115 Million Transactions Cardano Stands Out In A Quiet Market

10h05 ▪ 4 min read ▪ by Luc Jose A.
Getting informed Altcoins
Summarize this article with:

Cardano has just crossed 115 million on-chain transactions. Remittix, for its part, opens its testing phase for a wallet designed for cross-border payments. Two distinct pieces of information, but indicative of a common trend: the growth of concrete uses in an ecosystem long dominated by speculation. Far from theoretical promises, these projects illustrate a shift towards measurable, functional, and user-oriented applications.

A robotic hand is plugging in a cooling cable or activating an emergency valve. The Cardano logo is engraved on the server’s core. Technician robots, rushing from one terminal to another, wield wrenches or flashing alert screens.

In brief

  • Cardano reaches a major milestone with more than 115 million transactions recorded on its main blockchain.
  • This sustained on-chain activity contrasts with the stagnation of the ADA token price.
  • Meanwhile, Remittix launches the testing phase of its crypto wallet focused on cross-border payments.
  • The wallet supports several major blockchains and allows sending cryptos to bank accounts.

Cardano : the robustness of a network confirmed by on-chain activity

Cardano has just passed an important milestone with over 115 million transactions recorded on its main blockchain, while Cardano aims for its first ETF and prepares its entry to Wall Street. This symbolic threshold reflects sustained on-chain activity despite a generally sluggish market environment.

This performance is notably attributable to the network’s stability during recent incidents affecting other blockchains. Cardano’s activity relies on real indicators rather than mere announcements.

Despite this high level of activity, the ADA token price remains relatively stable, which strengthens the perception of a gap between actual usage and market valuation. This discrepancy, far from being a weakness, could help readjust expectations around the project by highlighting its fundamentals. Among the elements supporting this usage growth are :

  • Operational network stability even during congestion or outage episodes on other chains ;
  • Continued staking activity, proof of a long-term engaged community ;
  • A steady development pace within the ecosystem, with constant updates ;
  • An image of technical reliability that attracts both developers and companies.

This combination of factors positions Cardano as a solid player in the blockchain ecosystem, where usage takes precedence over speculation.

Remittix appeals to investors by its direct utility

Unlike a mature blockchain like Cardano, Remittix (RTX) represents a different dynamic: that of a project in the launch phase, focused on a clear and immediately testable value proposition.

Indeed, users have the opportunity to test a multi-chain wallet compatible with bitcoin, Ethereum, Solana, and Tron. This wallet aims to facilitate sending crypto to real bank accounts quickly and transparently.

The project relies on security and credibility guarantees, notably a certification by CertiK and a top ranking in the “Pre-Launch” category on the Skynet platform. On the traction side, over 681 million tokens have already been sold, at a current price of $0.1166, for a fundraising exceeding $27.7 million.

Two listings on centralized platforms (BitMart and LBank) have been confirmed. The launch is also accompanied by an incentive program including a 50 % bonus, a 15 % referral system in USDT, and a promotional contest of $250,000.

These initiatives reflect an adoption strategy oriented toward end users, especially freelancers, SMEs, and cross-border workers. If the “PayFi” concept promoted by Remittix gains ground, it is because it addresses a demand for simplicity, speed, and compatibility between the crypto world and traditional banking systems. As the blockchain ecosystem seeks to integrate into daily uses, this type of project could establish itself not by promising speculative returns but by the usage value it creates today.

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Luc Jose A. avatar
Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.