Cardano Sets New Records for Network Activity and Fees

Kartik Sharma
Kartik Sharma
Published:
Cardano Sets New Records for  Network Activity and Fees

The blockchain surpasses its November 2021 transaction benchmark, processing 1.78 million  transactions over five days. 

CARDANO ECOSYSTEM, October: Cardano has established new records for transaction activity and  network fees following the completion of epoch 660. The network processed 1,780,896 transactions during the  five-day period ending October 11 UTC, exceeding its previous record of 1,566,974 by 13.65%. The previous  benchmark had stood since November 2021. 

On October 8 UTC, Cardano processed 542,532 transactions, setting a new daily record. Peak throughput reached a new high of approximately 440 transactions per second. Total transaction activity during epoch 660 was 11.27  times that of the preceding epoch. 

Transaction fees reached 337,720 ADA, exceeding the previous epoch fee record by 9.54%. The total represents  fees paid by participants to use the Cardano network. 

Network activity and infrastructure 

The records cover activity over a five-day epoch, transactions within a UTC calendar day and peak throughput.  The TPS figure describes a brief peak rather than a sustained processing rate. Transaction totals measure ledger  activity, including repeat participation, rather than unique users. 

Transactions move assets, execute smart contracts and create demand for blockspace. During the record-setting  period, Cardano processed the increased activity on its production blockchain, using infrastructure supported by  developers and independent stake pool operators. The network-wide totals include transactions from all  applications and users active during the period. 

HOSKY Doggie Bowl campaign 

HOSKY's Doggie Bowl campaign was a major driver of the increase. The project reopened its token distribution  mechanism on October 6 with the objective of surpassing previous transaction records. 

Participants sent 2 ADA to a designated address and received approximately 1.x ADA back, alongside a  randomized allocation of HOSKY tokens. Repeated participation, including automation, generated incoming  payments and outgoing distributions. Some payouts served multiple recipients in a single transaction. 

HOSKY previously helped drive Cardano's record-setting activity during epochs 302 and 304 in November 2021.  The latest campaign extends that involvement nearly five years after the original Doggie Bowl. 

HOSKY-related activity accounts for more than 9% of all transactions recorded on Cardano since the blockchain's  inception. This is a cumulative contribution across Cardano's history, not the share generated during epoch 660.  The project's wider ecosystem involvement includes stake pool support, NFT initiatives and community  participation. 

About HOSKY 

HOSKY is a Cardano-native meme token launched in November 2021. Known for its satirical identity and  description of its token as worthless, the project operates Doggie Bowl distributions and community initiatives  that support participation in the Cardano ecosystem. 

hosky.io | discord.gg/hosky 

Kartik Sharma

About the Author Kartik Sharma

English News Writer at coingabbar.com

Kartik Sharma is a dedicated crypto writer in blockchain and digital assets. His goal is to simplify cryptocurrency for everyone, whether you're a beginner or an experienced investor. From Bitcoin and altcoins to NFTs and DeFi, he breaks down complex topics into easy-to-understand insights.Kartik stays updated on market trends, price movements, and new technologies, ensuring his readers always have the latest information. His writing is clear, engaging, and designed to make crypto education simple and exciting.Believing in the power of blockchain, he is passionate about helping people navigate the fast-changing digital economy. His articles don’t just provide facts—they make crypto interesting and accessible for all. Whether you’re looking to learn or stay informed, Kartik’s insights will guide you through the world of cryptocurrency with ease.



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