Cardano’s latest weekly report highlights exciting updates across various areas of its ecosystem, with a total of 169 projects, 1397 project buildings, and 9.96 million native tokens recorded.
The report, dated May 3, showcases the remarkable progress made by Cardano (ADA) in terms of core technology, wallets, scaling, and education. It reveals that within the week, 169 projects were launched, 1397 project buildings were completed, and an impressive 90 million transactions were processed. Additionally, a total of 9.96 native tokens were recorded, along with the addition of 117,275 token policies.
During this period, the site reliability engineering (SRE) team conducted significant maintenance work on the overall ecosystem. Notable developments included the deployment of Cardano node v.8.9.2 to various environments such as mainnet, pre-production, preview, and shelley-qa. The team also focused on querying big ledger peers.
Furthermore, the consensus team reviewed the initial draft of the Peras innovation report, while simultaneously working on VRF restriction based on slot distance. The Lace team dedicated their efforts to developing updates for Lace v.1.11, while the Mithril team prepared a new pre-release distribution 2418.1-pre with CPU support for pre-built binaries to address memory fragmentation concerns.
The Mithril team also made progress in implementing Cardano transaction certification in Mithril networks, as well as scaling the signature and proof generation for mainnet by utilizing the compression of the transaction Merkle tree through sub-Merkle trees based on transaction block ranges during signature and proving. They also introduced a stream mechanism for importing transactions into the signer and aggregator stores.
In addition to these updates, the Mithril team began implementing the global Mithril networks configuration file and investigated error logs related to the Cardano node’s unexpected behavior when a signer and aggregator connected to the mini-protocols. The node and CLI team ensured the release of Cardano node v.8.10.1-pre to SanchoNet, and tests for the Conway era in the Cardano-node repository are currently being implemented. Several improvements were also made to the CI pipelines on cardano-cli, including the implementation of build-estimate for automatic transactions without requiring access to a live node.
Under the Catalyst initiative, the team oversaw the progression of Fund12 in Barcelona, which has now entered the submission phase with a deadline set for May 13, 11 am UTC. The education team began working on the curriculum for the DRep Pioneer program and participated in events such as Builder Fest and the Catalyst Fund12 launch.
As of now, Cardano (ADA) is trading at $0.46, experiencing a 2.8% surge in the last 24 hours and a 3.8% increase over the past seven days.