Cardano ada staking reaches a new milestone, wallet count surpasses one million

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The number of ADA staking wallets on the Cardano blockchain has surpassed 1 million, indicating that the maturity of this PoS ecosystem is rapidly increasing. According to the latest data, the number of staking wallets has surged more than tenfold in less than a month, reflecting strong market interest in the Cardano ecosystem.

Staking Wallet Surge Hits New Highs

The ADA staking market has recently shown remarkable growth. In the short term, the number of wallets has increased by 1000%, indicating that more and more holders are participating in the staking ecosystem. This explosive growth reflects investors’ confidence in the long-term development prospects of Cardano and their pursuit of passive income.

Annualized Yield of 4.6% Attracts Various Participants

The Cardano blockchain offers a 4.6% annualized return for ADA holders participating in staking, a competitive level among similar PoS public chains. The relatively stable yield combined with the convenience of staking encourages more users to lock their tokens in staking wallets rather than seeking other higher-risk liquidity opportunities.

Staking Ratio Exceeds 70%, Ecosystem Participation Reaches New Highs

Currently, over 71% of the circulating ADA is staked, demonstrating that the Cardano staking ecosystem has become mainstream. The high staking ratio not only enhances network security but also indicates that ADA staking has become the primary choice for holders. This high level of participation further consolidates Cardano’s position as a leading PoS blockchain.

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