Cardano

<ul><li>Cardano’s TVL increased by 30% over the previous month.</li><li>Currently, ADA is trading at $0.4344.</li></ul>One of the most renowned blockchain networks, Cardano, has witnessed an increase in its Total Value Locked (TVL) metrics. The network’s TVL increased by 30% over the previous month, underscoring the rising popularity of the network’s DeFi ecosystem. On April 18th, Cardano’s TVL crossed $168 million.More developers and consumers are also pulling towards the platform. Because of the growing appeal of the DeFi ecosystem on the network. Many <a href="https://thenewscrypto.com/blockchain-news/" rel="noopener noreferrer nofollow">blockchain</a> projects that released their protocols on the Cardano blockchain have already shown a substantial amount of adoption for the network.It is believed that the network’s TVL will rise as <a href="https://thenewscrypto.com/cardano-simplifies-smart-contract-development-with-aiken-alpha-launch/" rel="noopener noreferrer nofollow">Cardano</a> grows and develops, drawing more users and developers to the platform. Additionally, people looking for an alternative to other significant blockchain networks may find the network to be an appealing choice because of its creative use of blockchain technology and dedication to sustainability.At the time of writing, ADA trading at $0.4344 decreased by 2.12% during the past 24 hours. ADA remains the seventh-biggest <a href="https://thenewscrypto.com/tag/cryptocurrency/" rel="noopener noreferrer nofollow">cryptocurrency</a> in the market.

Cardano’s TVL Surges 30%, Will This Support ADA Bulls?

TheNewsCrypto

Other articles published on Apr 18, 2023

Elon Musk criticizes ChatGPT and introduces ”TruthGPT”, a new transparent AI model

How OPay’s Resilient infrastructure has helped individuals and businesses perform conveniently wi...

Doge Disappears From View As Users Swoon Over New Memecoin

Shiba Inu (SHIB) Charts Bullish Momentum, Here Are Likely Triggers

Pepes, Memecoins, Take Crypto By Storm as Bitcoin Rally Pauses

Get your Shido Card today!

Join our free newsletter for daily crypto updates!