Midnight Mainnet Passes One Million Transactions in Seven Months

Midnight Network had recorded 1,094,866 mainnet transactions at press time on Oct. 29, crossing one million within seven months as activity climbed into the tens of thousands.

The network’s daily transaction count had reached 26,608 at press time, up 26,508% from 100 on Sept. 28. Activity reached 49,229 transactions on Oct. 25 before easing. Midnight also had 1,434 deployed smart contracts.

The surge coincided with Midnight’s Sept. 28 opening of permissionless smart-contract deployment on mainnet. Developers no longer had to complete preproduction reviews or team audits before deploying contracts. The change may have contributed to higher activity by lowering barriers for developers. Midnight is a separate blockchain operating alongside Cardano.

The network’s initial transaction jump after deployment opened was covered in an earlier look at Midnight’s activity. The higher transaction count alone does not establish sustained demand for applications on the network.