Home16 Crucial Cardano Statistics and Facts for 2022

16 Crucial Cardano Statistics and Facts for 2022

Last updated 26th Sep 2022

Cardano is a community-based, open-source blockchain project founded on peer-reviewed research. It’s been and is still being developed with input from academic research and this makes it interesting in the long run. Its proof-of-stake consensus allows ADA coin holders to earn passive income, but it also reduces the amount of energy needed for the blockchain to run. As it’s a DeFi network, its success is primarily measured by functionality and the way people use it, and not so much on the amount of value it’s storing. Let’s get into the most important Cardano stats and follow the progress of this mission-driven project.

10 Crucial Cardano Stats to Know in 2022

  • ADA’s circulating supply is close to 34 billion tokens.

  • Cardano’s dominance ratio quadrupled in 2021.

  • There are 3.5 million ADA wallets as of August 2022.

  • There are around 1,500 ADA wallets opened every day.

  • $84 million was the total value locked in ADA in August 2022.

  • Cardano’s max supply is 45 billion tokens.

  • Ada’s all-time high was $3.1 in September 2021.

  • Cardano’s energy consumption per transaction is only 0.5479 kWh.

  • The Cardano network can process 250 transactions per second.

  • Once Hydra is running, it’s said the network will be able to process up to 1,000 TPS within every Hydra head.

General Cardano Statistics

ADA’s circulating supply is close to 34 billion tokens.

As of November 2021, there have been 33 billion active and circulating ADA coins. The first coins were issued in 2017, and the first transactions on the Cardano network were possible. Until September 2020 when the number rose to 31 billion, there had been around 25 billion tokens circulating. Since then, Cardano’s circulating supply has been gradually increasing, approaching 34 billion.


Cardano's daily transactions peaked in November 2021 with about 164,000 per day.

Around this time, ADA was one of the most popular cryptos on the market, with growing public and investor interest. The interest was reflected in ADA's blockchain activity. The coming crypto winter affected Cardano, reducing the number to about 60,000 per day in August 2022.

(Statista, Messari)

Cardano’s dominance ratio quadrupled in 2021.

Dominance is a commonly observed metric in the crypto world measured by observing coin market capitalization relative to the crypto market in general. Even though the numbers dropped in November 2021, the dominance of Cardano compared to Ethereum grew along with its popularity. Being the first proof-of-stake crypto, operating on the principle of academic peer review, and exploring the potential of blockchain to improve society made Cardano a popular competitor to Ethereum.


Cardano’s price history shows the highest monthly average occurred in September 2021.

ADA grew almost 100% in just seven days in February 2021, reaching a peak in September when it passed the $3 mark, after which it fell and rose again. One of the reasons people put their trust and money in Cardano is its being started by the same mathematician who co-founded Ethereum, Charles Hoskinson.


Cardano Wallets Statistics

There are around 1,500 ADA wallets opened every day.

Although the Cardano network felt the effects of the crypto winter, 1,500 new wallets are springing up every day. The number of new ADA wallets spiked in January 2022 when 16,000 wallets were opened daily.

(Cardano Blockchain Insights)

There are 3.5 million ADA wallets as of August 2022.

The fact that Cardano has been supported by many influential tech experts as the first third-generation blockchain made ADA a popular choice among crypto enthusiasts. Cardano holders’ statistics show the number of ADA wallets has almost tripled within the last year, rising from 1.2 million in August 2021.

(Cardano Blockchain Insights)

$84 million is the total value locked in ADA in August 2022.

TVL is the crucial metric for measuring DeFi success, representing active user funds in a blockchain system. These funds can be used for staking, lending, liquidity pools, or other functions. The highest TVL on ADA was $300 million in March 2022.

(Defi Llama)

Cardano Network Statistics

The Cardano network can process 250 transactions per second.

Being the first proof-of-stake protocol, Cardano revolutionized blockchain speed. The much older Bitcoin blockchain processes a maximum of 7 transactions per second, limiting the network’s performance. While there are now arguably faster networks, Cardano brought the vision and the protocol that allows superior speed. With upgrades, Cardano statistics show the network will be even faster.


Once Hydra is running, it’s said the network will be able to process up to 1,000 transactions within each Hydra head.

According to the company behind Cardano, IOHK, the first simulations of the Hydra upgrade were able to process 1000 transactions per second. However, the company emphasizes that TPS or throughput is not the only metric to observe when it comes to future scalability. Finality or the time needed for the transaction to be finalized within the whole system is also important. Another metric is concurrency which refers to the amount of work different participants can do at the same time without interfering with one another.


Cardano’s energy consumption per transaction is only 0.5479 kWh.

Cardano is one of the greenest cryptocurrencies as it works on a proof-of-stake blockchain. Crypto staking refers to a process of users or nodes staking their cryptocurrency to vouch for transactions, which also enables them to earn coins or rewards. Proof-of-stake protocols require less processing power and less electricity. According to its founder, Cardano is 1.6 million times more environmentally friendly than Bitcoin, which operates as a proof-of-work blockchain on the principle of energy-intensive mining. At the time of writing, Ethereum is converting to PoS, too.

(TRG Data Centers, Cardano Feed)

1065 projects are currently being built on Cardano.

The Cardano community works and votes on projects they want to see on the network. The massive number of developers and participants is one of the project’s fortes, reflected in its numerous GitHub commits (2,633 just in the week of the report). At the time of writing, 93 projects have been launched on Cardano.

(Essential Cardano)

During the last 12 months, Cardano sparked the most interest in the Netherlands.

Google trends data shows Cardano is most commonly googled in the Netherlands, which earns the country an index of 100. The second country with the highest number of Cardano searches is Austria with a rating of 67, followed by Slovenia and the Cardano protocol’s home country Switzerland.

(Google Trends)

ADA Statistics

Ada’s all-time high was $3.1 in September 2021.

Although some investors were hoping for the coin to reach $10, the market slump in 2022 affected Cardano as well. ADA price statistics show the value of ADA decreasing to just $0.44 in August 2022.


Cardano’s max supply is 45 billion tokens.

Just like Bitcoin, Cardano has a cap on the number of tokens it can ever have. While about 75% of the tokens are already in circulation, around ten billion more ADA coins are yet to be issued. This is also one of the main Cardano vs Ethereum differences. ETH doesn’t have an upper coin supply limit so it’s good to know how many ETH coins there actually are.


Cardano’s market cap in August 2022 was around $19 billion.

Cardano’s highest market capitalization amounted to about $98 billion in August 2021, when interest in the coin and the network peaked. Since then, ADA’s market cap dropped, especially in 2022 when all cryptocurrencies experienced a significant dip. Despite the drop, Cardano is still interesting to investors and traders due to its organization, coming upgrades, and governance structure.


ADA is available on 94 cryptocurrency exchanges.

One of the advantages of ADA is its accessibility, as it’s traded on all the major exchanges and across 188 trading pairs, including stablecoins, crypto, and fiat currencies. According to ADA statistics, the most frequently traded pair is ADA/USDT on Binance with $63.9 million in trading volume.


Cardano Stats FAQ

Is Cardano a good investment in 2022?

Despite the dip in Cardano’s price which came during the crypto market slump in 2022, Cardano is considered a good investment in the long run, especially considering the network, as well as decentralized finance, are still in their infancy.

What is ADA crypto?

ADA is the coin native to the Cardano network. Named after the world’s first programmer Ada Lovelace, it’s staked on the PoS blockchain to vouch for transaction accuracy, when users can also get it as a reward for completed work. It’s also used for storing value, trading, funding projects on Cardano, or buying NFTs.

How many Cardano are there in circulation?

There are currently 34 billion Cardano coins in circulation. According to Cardano stats, this is about 75% of the cryptocurrency’s total supply.

How many Cardano coins are there?

There are 34 billion Cardano coins in circulation while the maximum supply is capped at 45 billion.


DeFi is still growing and developing, with users, developers, and institutions still testing its possibilities. Cardano, along with other DeFi blockchains, is going to prove its value in the coming years. Although the Cardano coin market cap dropped this year, Cardano enthusiasts point out that the true value of the platform lies in its functionality and the power to transform society. Finally, Cardano is a community-funded project that depends on people passionate about its mission, and not venture capital or outside funding. With coming upgrades that are driven by quality and supported by the Cardano community, the platform is an exciting project to follow and support.


Dunja Radonic

Dunja Radonic

Dunja is an English Literature graduate with years of experience as a writer and translator. She doesn't mind diving into as many reports and numbers as she can—especially about topics like crypto that still need some translating to the public—’cause she loves to get the message across. When she's not working, you'll find her running wild with her pack of dogs, playing board games, or bingeing on pop science videos.