NFT on Cardano is experiencing explosive growth
The Cardano blockchain could take the lead in the NFT industry with functional smart contracts launched 9 months ago.
Over the past six months, the functionality of the network and the growth of users demonstrate the growing popularity of this blockchain project. It is the third most popular in the NFT space after Ethereum and Solana.
Experts believe that Cardano will be able to beat the competition. There are currently 5.3 million tokens on the blockchain and 1,017 projects in development. A third of them are related to the NFT.
Cardano-based collections are supported by many celebrities - Snoop Dogg, Champ Medici and Good Charlotte. Despite the crypto winter and the decrease in transaction volumes on NFT marketplaces, this area continues to develop and generate income.
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