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Cardano ($ADA), one of the largest proof-of-stake blockchains, achieved a new milestone in onboarding decentralized applications. Over 2,000 cryptocurrency projects are building their services on Cardano ($ADA), the latest Input Output's Cardano Development Report says.
Cardano ($ADA) app count exceeds 2,000 as crypto rebounds
Cardano ($ADA), a veteran proof-of-stake (PoS) blockchain, is celebrating a massive milestone in dApp onboarding. Right now, 2,004 active cryptocurrency products are building on top of Cardano's ($ADA) smart contracts. Such estimation was shared by Input Output, a global entity overseeing Cardano ($ADA) solutions' development.
Another week, another Cardano development update, now live on Essential Cardano.
— Input Output (@InputOutputHK) June 13, 2025
Check this week’s highlights and get the latest on core technology, wallets and services, smart contracts, and scaling and governance developments. https://t.co/aQaTv0suXZ
These projects are operating over 138,000 Plutus scripts, Cardano-specific DeFi programs, with a 0.22% growth rate in the last seven days, yesterday's Cardano Development Report says.
Also, the Cardano ($ADA) validation ecosystem is surging: 1,352 DReps (validators) are onboarded by Cardano ($ADA) with 967 DReps being active right now. The metric increased by 0.44% in a week. These validators are backed by 1.3 million delegating $ADA wallets.
Cardano ($ADA) developers are preparing major updates to its software architecture design. A new tracing system for Cardano's ($ADA) node is underway, while the next Plutus upgrade is also in the making.
Developer activity on Cardano ($ADA) is rocketing: 278 GitHub commits were added in seven days, which is 33% more compared to the previous period.
10+ million native tokens issued on Cardano ($ADA)
Cardano ($ADA) is known for its unique native token structure as every Cardano's ($ADA) token closely resembles $ADA, its key governance cryptocurrency.
Over 10.8 million tokens are now live on Cardano ($ADA), which is a record-breaking value for all Layer-1 blockchains. Cardano ($ADA) accounts hit 110 million on-chain transactions, data says.
Also, Input Output announced the progress of Cardano's education initiative and Project Catalyst, a community-driven dApp incubator.
Cardano's ($ADA) price sits at $0.63, with 4.63% lost in the last week. Cardano's ($ADA) TVL is targeting $300 million, DefiLlama says.