The increase in the number of mined non-fungible art and projects is linked to the development of the Cardano network
Cardano’s Founder Has Expectations Charles Hoskinson And American comedian Martin Lawrence is set to host a Twitter chat about NFTs on Tuesday, June 7th at 2:00PM PST, hosted by NFT Maker.
I’ll be with Martin Lawrence tomorrow if anyone wants to hear https://t.co/QZFPMfSS0X
— Charles Hoskinson (@IOHK_Charles) 6 June 2022
The American celebrity is following in the footsteps of iconic rapper Snoop Dogg, who also held a Twitter space with the Cardano founder in early April. After that, Snoop Dogg, aka Cozomo Medici, and NFT investor Champ Medici began their official collaboration with Cardano-based NFT project Clay Nation, which provides Cardano with iconic clay animations, land pitch, and unlockable music content. provides.
The Cardano blockchain recently celebrated the milestone of establishing over five million NFTs on its network. The number of local assets issued on the Cardano blockchain currently stands at 5,126,018 with 54,897 different mining policies, according to pool.pm data.
The increase in the number of non-fungible art and projects mined is linked to the development of the Cardano network. According to IOHK, the number of construction projects on Cardano has crossed the 1,000 mark as of the latest update, while NFT projects stood at 5,796.
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ADA price action
ADA rose almost 15% to a high of $0.645 on June 6 as Cardano faced institutional inflows. Positive expectations regarding the Vasil hard fork also partly helped lift it to the sixth-largest cryptocurrency by market valuation.
According to IOHK’s most recent weekly development update, preparations for Vasil Hard Fork are in the final stages, with the team now focusing on tracking the weekly milestones that will drive the next phases. The plan this week, according to IOHK, is to launch a new Vasil developer testnet, working closely with an expanded group of developers on final testing.
ADA was trading down 7.93% at $0.587 at press time as investors posted profits.
