Cardano (ADA) App Count Exceeds 2,000 as Crypto Rebounds

Cardano (ADA), a veteran proof-of-stake (PoS) blockchain, has achieved a significant milestone in decentralized application (dApp) onboarding. Currently, 2,004 active cryptocurrency projects are being built on Cardano’s smart contracts, according to the latest report from Input Output, the organization overseeing Cardano’s development.

> “Another week, another Cardano development update, now live on Essential Cardano.”
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> Check this week’s highlights and get the latest on core technology, wallets and services, smart contracts, and scaling and governance developments. Input Output on Twitter – June 13, 2025

These projects leverage over 138,000 Plutus scripts, Cardano-specific DeFi programs, marking a 0.22% growth in the last week. Additionally, the Cardano validation ecosystem is thriving with 1,352 DReps (validators) onboarded and 967 DReps currently active—a 0.44% increase from the previous week. These DReps are supported by 1.3 million delegating ADA wallets.

Cardano developers are also working on major updates, including a new tracing system for its node and an upcoming Plutus upgrade. Developer activity is high, with 278 GitHub commits added in the past week, representing a 33% increase.

Over 10 Million Native Tokens Issued on Cardano (ADA)

Cardano is recognized for its unique native token structure, where every token closely resembles ADA, its key governance cryptocurrency. As of now, over 10.8 million tokens are live on Cardano, setting a record for all Layer-1 blockchains. Cardano accounts have reached 110 million on-chain transactions.

Moreover, Input Output has shared advancements in Cardano’s educational initiatives and Project Catalyst, a community-driven dApp incubator.

As of now, Cardano’s price is $0.63, reflecting a 4.63% decrease over the last week, while its Total Value Locked (TVL) is targeting $300 million according to DefiLlama.