Cardano's development team has been actively working on improving the network's capabilities, and their recent addition of over 1,000 Plutus V1 smart contracts since the beginning of 2023 is a testament to their dedication and technological prowess. As of May 17, 2023, there were 5,776 Plutus V1 scripts on the Cardano network, compared to 4,718 recorded on January 1.
This milestone achievement has solidified Cardano's position as a prominent player in the decentralized finance (DeFi) space. Additionally, Cardano's recent performance has attracted attention as it trades at $0.3763, marking a noteworthy 2.35% increase in value in a day and an impressive 5.23% rise in value over the span of a week.
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