As per data provided by Pooltool, Cardano (ADA) has added new 50,000 staking addresses has boosted its overall number of staking addresses by slightly more than 8% in less than a month. The platform has achieved a milestone has Cardano’s total number of staking wallets increased from 2,561to 608,391. Cardano founder Charles Hoskinson announced that the platform plans release a research paper on algorithmic Stablecoins in the coming weeks.