Almost 72% of all ADA is now staked on Cardano

With 71.9 percent of the total circulating supply of ADA now staked, Cardano is still the most decentralized blockchain network on the market.

The significant increase which is followed by a significant increase in the amount of its underlying cryptocurrency being staked is followed by an equal increase in the number and price for ADA as close to $1 as It’s been in the last four years of new entering the Cardano ecosystem.

According to cryptoslate.com, while earlier this year’s Polkadot overtaking was major news for Cardano with regard to staking values, it is just as important to notice the month and a half of Blockchain’s reign as the world’s most decentralized network.

With just under 72 percent of the total circulating ADA stake, Cardano is still a long way ahead of Polkadot, with 60.61 percent of the DOT tokens on the network.

Cardano data aggregator AdaPools’ latest data show that over 54 percent of all ADA wallets have transferred their funds to a stake pool. This means that there are 214,610 ADA wallets that have decided to secure the Cardano network for their funds.

Sourcecryptoslate