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Cardano Holder Count Tops 4.5 Million, Token Terminal Data Shows

According to Token Terminal (crypto data platform), the latest dataset indicates Cardano has surpassed 4.5 million holders, highlighting the network’s broad user base.

ADA

Summary

Cardano has recorded more than 4.5 million holders, according to the latest data from Token Terminal (crypto data platform). The update points to continued scale in Cardano’s user base, with holder count serving as a widely watched on-chain metric for measuring the reach of a blockchain network and the distribution of its native asset across wallets.

Terms & Concepts
  • On-chain metric: A blockchain-based data point used to assess network activity, wallet behavior, or asset distribution directly from blockchain records.
  • Holder count: The number of wallets or addresses holding a token, commonly used as an indicator of adoption and network reach.
  • Cardano: A blockchain network with a native cryptocurrency, ADA, designed to support transactions and smart contract (self-executing blockchain code) functionality.