Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»How Cardano’s WMT, SNEK, and Earthnode perform the non-price functions of ADA
ALTCOIN NEWS

How Cardano’s WMT, SNEK, and Earthnode perform the non-price functions of ADA

By Crypto FlexsApril 7, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
How Cardano’s WMT, SNEK, and Earthnode perform the non-price functions of ADA
Share
Facebook Twitter LinkedIn Pinterest Email
  • Despite market uncertainty, activity and transactions on the Cardano network remain high.
  • While blue-chip NFTs failed to grow, tokens on the Cardano network soared.

Despite the volatility seen across the cryptocurrency sector over the past few days, the Cardano (ADA) network has shown consistency across the ecosystem.

Cardano ecosystem records growth

Over the past year, Cardano has achieved several important milestones. In fact, data shows that the Cardano network processed a whopping 24 million transactions, showing high activity in the ecosystem. Cardano has also witnessed the launch of 40 projects within its ecosystem, demonstrating an increase in adoption and development activity.

Additionally, a notable 33,000 smart contracts were deployed on the Cardano network, highlighting the platform’s ability to facilitate decentralized applications.

Source: X

Explore the NFT sector

Another indicator of the health of the Cardano ecosystem is the growing popularity of the Cardano NFT space. In fact, NFT trading volume on Cardano has surpassed 7 million ADA in the past 30 days.

However, despite the increase in NFT volume in the Cardano ecosystem, the price floor for the top NFT collections has fallen. Blue chip collections like Ape Society, Book.io and Clay Nation have seen significant declines over the past month.

Earthnode was one of the few NFT collections to see a surge in price lows during this period. The Earthnode NFT collection and other niche NFT collections on the Cardano network may have been the biggest contributors to the recent popularity of the NFT sector.

Source: Tab Tool

Another reason for the increase in activity on the Cardano network may be the popularity of tokens on the Cardano network. Unlike other networks, Cardano’s increasing activity is not driven solely by memecoins. Tokens related to AI, telecom, cloud services, and lending have all seen growth over the past month.

In fact, SNEK, one of the most popular memecoins on the Cardano network, has fallen in price and performed poorly compared to other tokens.

WMT saw the biggest gain over the past month, with its price surging 72.67%. World Mobile Token (WMT) is the native cryptocurrency of the World Mobile network. It acts as a utility token that facilitates transactions and interactions within the network.


Read Cardano (ADA) Price Prediction for 2024-25


Source: Tab Tool

The ADA itself didn’t see any green on the charts. Over the past week, the value of ADA has fallen 11.61%, trading at $0.5802 at press time.

Source: Santiment

Next: Bitcoin: Do ‘Good Times in ETF Space’ Mean Gold Should Be Replaced with BTC?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025
Add A Comment

Comments are closed.

Recent Posts

ChainUp Wins Top Crypto Compliance Technology Honor At Thomson Reuters-Presented Awards

September 24, 2025

Fitell Corporation Launches Solana (SOL) Digital Asset Treasury With $100M Financing Facility, With Focus On Yield And On-Chain DeFi Innovation

September 24, 2025

Nebeus Overfunds Equity Crowdfunding Campaign With €3.6M Raised, Reflecting Growing Demand For Regulated Crypto–Finance Solutions

September 24, 2025

Next Binance Coin (BNB) Price Rally 3 Catalysts that can supply fuel

September 24, 2025

Ether Leeum World Fair Announcement

September 24, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Navigating Policy & Regulation in Blockchain

September 23, 2025

Flipster Debuts Market’s First USD1 Perps For BTC, ETH, SOL, XRP, And DOGE

September 23, 2025

BYDFi Joins Korea Blockchain Week 2025 (KBW2025): Deepening Web3 Engagement

September 23, 2025

MEXC Brings Immersive Experience With ‘0 Fee Lounge’ To Token2049

September 23, 2025

Moonbirds And Azuki IP Coming To Verse8 As AI-Native Game Platform Integrates With Story

September 23, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

ChainUp Wins Top Crypto Compliance Technology Honor At Thomson Reuters-Presented Awards

September 24, 2025

Fitell Corporation Launches Solana (SOL) Digital Asset Treasury With $100M Financing Facility, With Focus On Yield And On-Chain DeFi Innovation

September 24, 2025

Nebeus Overfunds Equity Crowdfunding Campaign With €3.6M Raised, Reflecting Growing Demand For Regulated Crypto–Finance Solutions

September 24, 2025
Most Popular

Binary Fields and SNARKs: Exploring Cryptographic Efficiency

September 25, 2024

Was Warren Buffett Right? 5 Things to Know About Bitcoin This Week

August 5, 2024

🔴 Extreme greed attacks cryptocurrencies

November 27, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.