Following a significant update in September 2021 that included the implementation of smart contract functionality, the Cardano network was able to expand and run at a faster pace than ever before.
Since then, a number of milestones have been achieved on the network in recent months, as development on the blockchain has accelerated.
Indeed, the Cardano blockchain has seen substantial growth over the last year, as shown by the increase in the number of wallets holding ADA as more investors sought to buy Cardano, in addition to the increasing number of smart contracts added to the network, amongst other developments.