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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

This Ethereum Rival Is Seeing An Explosion Of Large Transactions On High Institutional Demand: Here's What You Need To Know

The surge in large on-chain transactions on the Cardano (CRYPTO: ADA) network this year point toward an increase in institutional demand.

What Happened: The volume of on-chain transactions larger than $100,000 has risen by 50x in 2022, according to a tweet by IntoTheBlock, a cryptocurrency intelligence firm. 

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