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Cardano Surpasses 300K Live Smart Contracts on Mainnet
In an incredible achievement, the number of smart contracts currently live on the Cardano mainnet has surpassed 300,000
That hard fork rolled out the Plutus smart contract language on the Cardano mainnet. Since then, the number of contracts deployed on the mainnet has surpassed 300,000. Fresh data from the Cardano blockchain insight platform Alethea shows that the total number of live smart contracts on the mainnet now stands at 300,490
Notably, developers have leveraged the smart contract functionality to create decentralized applications (dApps) interacting with the blockchain. Therefore, crossing the 300,000 milestone signals increased developer activity on the Cardano mainnet
Steady Smart Contract Growth Since Vasil Hard Fork
Meanwhile, the development arm of the Cardano project has introduced several upgrades to enhance the network’s smart contract functionality over the years
This was evident following the rollout of the Vasil hard fork in September 2022. The upgrade improved the Plutus smart contract language, making it more efficient and cost-effective for developers to deploy dApps on the mainnet
Before the launch of Vasil, the number of contracts on the Cardano mainnet was around 63,490, with Plutus V1 Scripts accounting for 2,900 of this sum, as of July 11, 2022
However, the figure has soared to above 300,000 as of today, marking an increase of 373.28% over three years
In 2024 alone, nearly 100,000 smart contracts were added to the Cardano network. The Plutus V2 Scripts led the stats, recording an astounding 96,523 contracts from January to December 2024