More than $30 Billion Cardano’s ADA has been staked already in anticipation for the biggest known breakthrough of the network’s evolution. It’s interesting to notice that an estimated 71.7% of ADA’s circulating supply worth over $30 Billion is already staked across 2665+ active stake pools, referring the data from data Provider PoolTool.
At the current state ADA is already the 5th Largest Cryptocurrency in the world in terms of market capitalization. Cardano’s investors remain extremely optimistic on the current market with the anticipation of the network’s Smart Contract implementation due later this summer projected to reach full capability by August.
Cardano already launched its first Alonzo smart contract testing net on May 27 2021. On June 11 2021, Input Output Hong Kong (IOHK) has confirmed that Alonzo is now able to deploy smart contracts.
