Token Terminal states that Cardano now operates with about 2,900 validators, putting it ahead of several major Layer 1 networks in validator participation.
Cardano has become the second-largest Layer 1 blockchain by validator count, according to data cited from Token Terminal. The network currently operates with approximately 2,900 validators, a measure often used to assess how widely block production and transaction verification are distributed across a blockchain. The report says Cardano has moved ahead of other major Layer 1 networks, including Algorand, Solana, and Near Protocol, in validator participation.