Cardano DeFi Boom Results in More Than 2 Million Transactions in Less Than a Month

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Cardano DeFi Boom Results in More Than 2 Million Transactions in Less Than a Month
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Cardano records a whopping 2 million transactions in May

Cardano's wallets and services have also seen upgrades, with Lace adding the ability to import multi-address wallets into the Lace wallet, and Adrestia enhancing its balance TX library and database layer.

On the smart contract front, the Plutus and Marlowe teams have been hard at work, refining the network's smart contract capabilities. The teams have fixed bugs, conducted verification tests, and made strides in the formalization of sums-of-products in Untyped Plutus Core. Basho, Cardano's scaling solution, has also seen improvements with upgrades to the Hydra node.

The Voltaire team has facilitated community workshops and the Catalyst project announced the upcoming launch of Fund10. As the Cardano ecosystem continues to grow and innovate, these advancements illustrate Cardano's dedication to creating a robust and user-friendly platform for DeFi activities.

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