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Now that Cardano’s load is at 94% users can expect this in the near future

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Cardano [ADA], just like most cryptocurrencies in the market, witnessed a downfall over the weekend (6-7 May). However, as per Sebastian Guillemot, co-founder of dcSpark and contributor to the Cardano platform, Cardano’s load stood at 94% as of 8 May 2023. What does this mean for Cardano and ADA in the near future? Let’s find out…

Cardano is currently at 94% load!

Only 6% left until Cardano is at max capacity

What does that mean, and how can you be prepared 🧵 pic.twitter.com/1TZsIUg10N

— Sebastien Guillemot (@SebastienGllmt) May 8, 2023

How much are 1,10,100 ADAs worth today?

The Cardano contributor stated that all transactions on the network were processed on a first-come first-serve basis. However, upon hitting the 100% load, transactions would be queued up and users may have to wait for their transactions to go through.

Additionally, the higher the load after 100%, the longer the transaction wait time. Another outcome of the load hitting 100% would be that stake pools could sell priority access to users and dApps. They may also reach a point where they could prioritize one DEX over another.

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Addressing the age-old issue of whether the blockchain was in a better position than in 2021, the executive stood in an affirmative position. Furthermore, the exec stated that block sizes could be increased and tiered fees could be introduced.

Next question: are we actually better off than in 2021?

Yes! Actually, a lot of the scalability roadmap from 2021 has been implemented

Of course, there is more that can be done pic.twitter.com/N2tFJcok7E

— Sebastien Guillemot (@SebastienGllmt) May 8, 2023

Guillemot also stated that Cardano could improve its overall scalability.

At the time of writing, the news didn’t show any impact on the performance of ADA. The altcoin was exchanging hands at $0.363 and was down by 4.12% in the last 24 hours.

Additionally, the altcoin was trading 5.75% lower over the last seven days. Furthermore, data from DefiLlama showed that, at press time, ADA’s Total Value Locked (TVL) stood at $145 billion.

Is your portfolio green? Check the Cardano Profit Calculator

ADA’s TVL dropped by 3.6% over the last 24 hours. The number of active users on the network also witnessed a decline. Furthermore, as of 7 May, the number of active users stood at 48.4k and was more so in the same area as compared to the last few days.

Source: DeFiLlama

Additionally, as per data from CoinGlass, ADA’s long/short ratio didn’t exactly paint the best picture. The narrative could be deemed as bearish since most traders favored shorter positions, especially over the last two days.

Source: coinglass

Data from Santiment also revealed that the total amount of ADA holders witnessed a fall since the end of April. The press time number of 43.7 million did show a slight increase in the last few days but couldn’t be considered significant enough for a bullish narrative.

However, ADA’s social dominance skyrocketed and reached its second-highest peak over the last three months. This indicated that there was much chatter about the chain on the social front. However, ADA will have to do much more than just be the talk of the town to reverse its ongoing bearish narrative.

Source: Santiment

 

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    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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