The Cardano ecosystem continues to achieve several milestones, with the platform’s native token ADA recently rising to become the fourth highest cryptocurrency in market capitalization.
Amid the growth, data provided by Pooltool, a Cardano data aggregating tool, indicates that ADA’s staking wallets as of August 18, 2021, are at 754,978. Compared to June 3, 2021 figures, the platform has added 146,506 wallets representing a growth of about 24%.
The wallets translate to $46.91 billion in ADA’s staked value accounting for 71.25% of the $65.8 billion total supply.
The increase in Cardano’s total staked wallets comes ahead of the highly anticipated Alonzo Purple upgrade slated for September 12. The announcement powered ADA’s price to gain trading at $2.01 by press time with a market cap of $65 billion. The asset is now looking at surpassing the $2.39 all-time high attained in May.
