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Cardano Updates

State of Cardano Q2-23

The new quarterly State of Cardano report is out from Messari covering the period from March to June 2023. Some positive trends in the metrics again with activity on chain increasing through the quarter. Highlights they note include: It’s a fair and balanced report and is recommended reading. Their closing summary captures things well: New…

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Cardano Updates

State of Cardano Q1 2023

Messari has just released a report covering the Cardano Ecosystem with some very positive statistics: Starting to see some real DeFi growth now, across the exchanges running on Cardano, with a good blend of stable coins, tokens, and even meme coins! We’ve got some favourites in the mix such as Djed/Shen and WMT where we…

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Interesting links

CH interview with Messari

Ryan Selkis interviewed Charles at the Messari Mainnet conference recently. Kudos to CH for agreeing to do this (if you are aware of Ryan’s public statements over the years you will understand the reason for that comment). Well worth a watch, a very factual overview of the Cardano proposition and why we are just getting…

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Musings

Why tokenomics matter

A busy week in the crypto markets, triggered by the collapse of the StableCoin Terra and the non stable reserve Luna, has led to some soul searching by commentators, and a lot of articles in the main stream media predicting the imminent demise of cryptocurrencies (again). But was it surprising? For us the answer is…

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Musings

Transaction volume

So lets take a moment to examine this table from Messari. Spot the interesting and very important data point? Cardano has been in second place for Transaction volume for about a week now (it actually surpassed Bitcoin at one point). Of note: Bitcoin and Cardano are running neck and neck at $16.9B and $14.3 respectively.…