Cardano Blockchain Insights data shows that the total number of new wallets in Cardano's network surged yesterday. Since mid to late November, the index value has been declining continuously for a month, and the rate of new wallets has increased significantly by 58.7%, breaking the bad influence. On December 12, 2971 wallets were created on Cardano's network, 1099 more than the previous day.
According to the staging Rewards portal, the surge in the possibility of Cardano's online wallet is related to the FUD around Binance, which is the largest mortgage service provider of ADA. Therefore, this black and yellow ape giant accused by the media of money laundering and violating the ban is the place where ADA pledged $600 million, accounting for 7.34% of all tokens in the mortgage pool.
At the same time, this concept may have a root cause, but it cannot be strongly supported by other blockchain technology insights, which do not show all the uniqueness. As a result, only 47 of the 1000 new wallets handed over their funds to the chip pool.
Perhaps the only thing worth mentioning is the substantial increase in Cardano online trading. According to the same information source, the volume of blockchain transactions yesterday was 94310, 40% higher than that in December on average.