Cardano recorded 1,780,896 transactions during Epoch 660, covering Oct. 6 to Oct. 11, marking the network’s strongest activity level in five years. Data cited from analytics service Cexplorer.io showed the figure exceeded the previous record of 1.56 million transactions set in Epoch 304 in November 2021. The jump in activity was tied to community mobilization during the Voltaire era of decentralized governance, as users activated wallets in large numbers to vote on changes to the network’s economic parameters. Cardano remained operational under the heavier load, with an average of 83.83 transactions per block. Over the five-day period, total output reached 46.71 billion ADA, while transaction fees generated by the system totaled 337,720 ADA. Even with on-chain activity hitting a record, the market response was muted. ADA fell 3.58% to $0.2429, according to the report.
Cardano handled 1,780,896 transactions during Epoch 660, which ran from Oct. 6 to Oct. 11, setting the blockchain’s highest level of network activity in the past five years, according to Techub News.
Data from analytics service Cexplorer.io showed that the total topped the previous record of 1.56 million transactions set in Epoch 304 in November 2021.
Governance voting drove the spike in activity
The surge was mainly linked to community mobilization during Voltaire, Cardano’s decentralized governance era, as users activated wallets on a large scale to vote on adjustments to the network’s economic parameters.
Network stayed online under heavier load
Cardano did not suffer any interruption during the period of elevated usage. The chain averaged 83.83 transactions per block, with total output over the five days reaching 46.71 billion ADA. The system generated 337,720 ADA in transaction fees during the same stretch.
Record usage did not lift ADA price
Market reaction to the stronger on-chain fundamentals was limited. Despite the record transaction count, ADA fell 3.58% to $0.2429.
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