Cardano network activity spikes

According to Cardano Blockchain Insights, the number of new addresses on the network reached 10,360 on Nov. 8, a record high in recent months, when the average was less than 1,500 per day.

Santiment estimates that the number of active addresses on the Cardano network increased by 16,927 between Nov. 8 and 9. Among unusual changes was the increase in the number of transactions on the network that day, which had reached 391,805, about two and a half times the standard number.