Search results for Chainspect
Crypto
Stellar fees drop despite weekly busiest day, upgrade effect in focus
Stellar (XLM) cut its average transaction fee to a seven-day low on a day when network usage was at its highest for the week. It recorded an average fee of $0.00012 on Oct. 11, while processing about 12 million transactions at an average 139.15 transactions per second. The shift comes after the Stellar Protocol 28 “Adapter” upgrade, including CAP-83, designed to speed consensus. Other ecosystem indicators, including real-world assets, have also grown.
Crypto
Trader calls Cardano a \'ghost town\' after 8 years, cites gap with Solana
Crypto market commentator Lark Davis criticised Cardano’s weak network use and compared it unfavourably with Solana. Davis said Cardano has not reached an adoption level that matches its eight-year history and called it a “ghost town”. Data showed Solana has processed more than 126 billion cumulative transactions versus about 124 million for Cardano. Solana also leads in DeFi metrics including total value locked and decentralised exchange volume.
Crypto
Cardano decentralisation metric hits record high, raising questions over ADA rebound
Cardano posted a record high in its Nakamoto coefficient, a measure of network decentralisation, as the metric rose to 16, according to U.Today. The figure was compiled by Chainspect and shared by stake pool operator Rick McCracken. ADA also rebounded, reaching $0.199 and posting a 18.17 percent weekly gain. Santiment said the rally stood out in volatile altcoins, though the number of wallets holding balances fell by 7,070 from two months earlier.
