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Cardano (ADA) Staking Has Reached More Than 650k Addresses

Updated: Sep 22, 2021

Cardano (ADA) has added more than 50,000 new staking addresses in the past three weeks. They are reaching a milestone with over 650K staking addresses. In addition, the world’s fifth-largest crypto could soon arrive in El Salvador after founder Charles Hoskinson announced plans to travel to the Central American nation.

As per Pooltool data, the number of addresses staking Cardano ADA has totaled 659,000 and 2,647 active staking mining pools. Total staked funds are worth $30 billion as of writing, representing 71.27% of ADA’s total supply.

The number of addresses also represents an increase of just over 8% in recent weeks. On June 3, Cardano broke a record by passing 600,000 active opt-in addresses for the first time. As reported by various news outlets at the time, the network had reached 608,391 wallets with 2,561 active pools.

In other recent Cardano-related news, Hoskinson announced that he has plans to bring the project to...

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