Cardano sees sustained interest in its DeFi sector, and here's the impact
data from DeFiLlama, Cardano has recorded a massive jump in its Total Value Locked . Specifically, the data shows the ADA now locked is pegged at an all-time high of 566.34 million units.Per the chart above, this massive surge has been on a steady rise since the start of the year, echoing the traction picked up by Cardano investors as more functional smart contracts make their way to the protocol.
The growth in Cardano's DeFi TVL shows that that aspect of the protocol is now more bullish than ever. However, the impact is currently not being felt in its price action thus far. At the time of writing, Cardano has jumped by merely 6.24% in the past 24 hours, with the price pegged at $0.2933.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Cardano (ADA) Might Be Next in Line for Breakout, Here's WhyCardano's resilience, DeFi ecosystem, governance and developer community may help power its next price rally
Leer más »
Here's How Cardano (ADA) Tech Design Changes With Dynamic P2P NetworkingCardano (ADA) tech developers from Input Output Global (IOG) released tool that makes network more secure and sustainable than ever before
Leer más »
Main Cardano Meme Coin SNEK Unveils Epic July PlansCardano's meme coin sensation to buy $180,000 $ADA and release an energy drink: What else awaits SNEK in July? cardano ada cardanoada cardanocommunity snek meme memecoin snekcoinada memecoinnews
Leer más »
Revolut is delisting Polygon, Solana and Cardano tokens in the USCrypto-friendly neobank Revolut is delisting Polygon (MATIC), Solana (SOL) and Cardano (ADA) tokens in the U.S. in September.
Leer más »
Report: Revolut to Delist Polygon, Solana, and Cardano Amidst Evolving US Regulations – Bitcoin NewsFintech and crypto firm Revolut cited evolving regulations in the United States, and users will need to sell the three tokens by September 18th.
Leer más »
Chibi Finance $1 million alleged rug pull: How it happenedChibi Finance advertised itself as a DeFi aggregator that offered yield opportunities throughout the Arbitrum network.
Leer más »