Validators process transactions and receive fees from users (supply-side fees).

Cardano is a smart contract platform for decentralized applications (a blockchain). Cardano was founded by Charles Hoskinson & Jeremy Wood and launched in 2017.

ADA holders own and govern the protocol. They currently do not take a cut of the total transaction fees paid by users (revenue).

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Blockchains (L1)

Cardano

# Cardano Transaction count Methodology

## 1. Overview

Transaction count is measured as the total number of confirmed transactions added to the Cardano blockchain. Active engagement and network utility are reflected by this metric, providing a clear indication of how frequently the network is utilized for value transfers or smart contract interactions. Every unique transaction recorded on the ledger is included to provide a comprehensive baseline for network throughput and adoption.

## 2. Data sources

- **Blockchain events**: Confirmed transactions from the Cardano network, covering Cardano

## 3. Step-by-step calculation

### Component A: Cardano transaction identification

- **Purpose**: Identify and isolate unique transactions processed by the network
- **Logic**: Unique transaction hashes are extracted from the Cardano ledger. A distinct count of these hashes is performed to ensure that each on-chain event is counted exactly once, regardless of the number of inputs or outputs contained within the transaction.
- **Key fields**: `transaction_hash` (unique identifier)

### Component B: Temporal aggregation

- **Purpose**: Group network activity into standardized daily intervals
- **Logic**: Transactions are aggregated based on the timestamp of the block in which they were confirmed. All timestamps are truncated to a daily granularity using UTC day boundaries. The resulting counts are categorized under the Cardano chain and the Layer 1 blockchain market sector.
- **Key fields**: `block_timestamp` (timing)

### Component C: Normalization and data quality

- **Purpose**: Ensure data consistency, continuity, and accuracy
- **Logic**: Aggregated counts are cast to numerical formats to ensure precision across the data pipeline. A zero-filling strategy is applied to any days where no transaction activity is detected, maintaining a continuous time series. Finally, the data is passed through an availability filter to ensure only records from approved and fresh data partitions are included in the final output.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Confirmed transactions added to the blockchain.

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Transaction count

Transaction count

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