Cardano Added 50K New Wallets YTD, Is ADA Price Set to Take Off?

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Cardano Added 50K New Wallets YTD, Is ADA Price Set to Take Off?
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Cardano wallet count has grown by more than 50K, complementing other key milestones

statistics pointing out that the total wallets on the protocol grew from 3,842,867 recorded on Jan. 1 to 3,894,735 wallets registered as of Jan. 25.

1/ According to data from Cardano Blockchain Insights, the ecosystem has added more than 50,000 new wallets since the beginning of the year. From 3,842,867 recorded on January 1 to 3,894,735 wallets registered as of January 25, a total of 51,868 wallets were added to the networkCardano notably started the year with a very promising roadmap of events that was billed to fuel rapid growth in the usage of the protocol as well as in the developer count.

The efforts of Input Output Global seem to be paying off as increased demand and activity on the protocol has pushed up the market capitalization of ADA from $8.48 billion seen late last year to more than $13 billion today, growth that represents a 43% jump. The increasing activities on the Cardano protocol are bound to stir the continuous embrace of the ADA, which in turn might fuel growth in the price of the coin. ADA is

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