Cardano to hit new milestone surpassing 650K staking addresses

It has been an eventful three weeks for the fifth most valuable cryptocurrency by market cap. In that time, it has added more than 50,000 new staking addresses. An increase of more than 8% since the beginning of June, when ADA reported its last milestone, surpassing 600,000 staking addresses.

According to data, this recent influx brings the current total of ADA staking addresses to over 662,000, at time of press. As well as a further 2,656 active mining pools. At this time, data also recorded that the staked funds totalled at $29 billion — 71% of the total supply.

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