Cardano (ADA) has added over 50,000 new staking addresses, boosting its overall number of staking addresses by slightly more than 8% in less than a month, according to data provided by Pooltool, a Cardano data aggregating platform.
ADA’s total number of staking wallets reached 608,391 from 2,561 active pools in early June, marking another milestone for the platform; however, now the platform has confirmed 658,965 staking addresses.
In recent times, the proof-of-stake blockchain platform has been at the forefront of plenty of recent developments, such as the Cardano creator Charles Hoskinson announcing that the platform plans to publish a research paper on algorithmic Stablecoins in the coming weeks.
