Token

Cardano

Bitcoin

Note

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 <p class="is-style-lead">According to recent news, Cardano’s total value locked (TVL) surged, surpassing Bitcoin’s. Also, Tether has increased its USDT reserve on Tron with an additional 1 billion USDT. Meanwhile, a new project, Everlodge, continues to gain traction.</p>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/CdQm99_gq-5mZpdBbIrwkhgXxBWOJGXBcci13ebJ9a9dnKYC8arh3ywA1f_4DX4dUJJlj8NmWtrWnUgAayGsap0-m3wBtYJmZDl13kuDNyqTqTxgln15Nvm511zMHrNrqTylzldNFpLdLhyo-BvhgfQ" alt="Cardano TVL outpaces Bitcoin's, new token surging as Tether injects 1B USDT into Tron - 1">
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 <h2 class="wp-block-heading" id="cardano-tvl-overtakes-bitcoin">Cardano TVL overtakes Bitcoin</h2>
 <p>In Q3 2023, the Cardano ecosystem experienced rapid expansion, attributed to heightened developer activity and a positive market sentiment.&nbsp;</p>
 <p>Cardano’s Total Value Locked (TVL) surged to $240 million, securing its position as the 11th most active blockchain. This spike also saw the project’s TVL rise to an all-time high.&nbsp;</p>
 <div class="cn-block-related-link">
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Cardano’s bull run: Why the price is up and what’s next for ADA
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 <p>The catalysts behind this growth include system upgrades and the introduction of stablecoins.</p>
 <p>As a result, Cardano surpassed Bitcoin in the decentralized finance (defi) TVL rankings.&nbsp;</p>
 <p>Despite a 1.7% drop in&nbsp;ADA&nbsp;prices on Nov. 7, settling at $0.346388, the overall trend remains bullish on the weekly and monthly timeframes, where the coin is up 16.5% and 35.0%, respectively.</p>
 <h2 class="wp-block-heading" id="tether-increases-usdt-s-reserves-on-tron">Tether increases USDT’s reserves on Tron</h2>
 <p>On Nov. 6, the Tron DAO revealed that Tether, the issuer of the USD, had injected an additional 1 billion USDT into Tron. Subsequently, this pushed the total USDT reserves on the network to over $45 billion.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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    <p lang="en" dir="ltr">PSA: 1B USDt inventory replenish on Tron Network. Note this is a authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance requests and chain swaps.https://t.co/Y1bqxZglgR</p>— Paolo Ardoino (@paoloardoino) September 19, 2023
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 <p>This development positions Tron as the highest USDT allocation. Noteworthy is the remarkable growth in Tron’s USDT circulating supply throughout 2023, registering a year-to-date growth rate of 21%, according to Tronscan.&nbsp;</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Tether’s Paolo Ardoino debunks FUD, discusses surging USDT market cap
 </div>
 <p>In contrast,&nbsp;TRX&nbsp;prices fell in November after rallying in October. As of Nov. 7, the coin was trading at $0.096452.&nbsp;</p>
 <p>Despite this dip, analysts remain bullish on TRX, expecting the coin to rally once the first Bitcoin Exchange-Traded Fund (ETF) is approved in the United States.</p>
 <p>Analysts expect TRX to reach $0.095 after Bitcoin halves in 2024.</p>
 <h2 class="wp-block-heading" id="investors-exploring-everlodge">Investors exploring Everlodge</h2>
 <p>In 2023, Everlodge garnered widespread popularity due to its platform that aims to streamline real estate investment via the blockchain.&nbsp;</p>
 <p>Everlodge plans to reshape property ownership, subsequently capturing the attention of analysts and investors.</p>
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
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 <p>Unlike the traditional real estate market that demands substantial upfront investments,&nbsp;Everlodge&nbsp;aims to disrupt this approach by allowing individuals to start investments with as low as $100.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">Hey, Lodgers! <br><br>Do you know? <br>With $ELDG, enjoy the warmth of passive income, monthly surprises, and exclusive club access. <br>Plus, who can resist sweet discounts? <br><br>Dive into a <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> that feels like home. <br><br>Join the presale: https://t.co/kIufYkD05d#Presale pic.twitter.com/9yzt5hZhul</p>— Everlodge (@EverlodgeHQ) September 26, 2023
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 <p>Properties, such as hotels, villas, and homes, are transformed into non-fungible <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a>s (NFTs), which are further fractionalized and divided into smaller shares for accessible purchase. As the property’s value appreciates, so do the NFTs associated.&nbsp;</p>
 <p>In contrast to the protracted timelines of traditional real estate transactions, which can extend up to seven weeks, Everlodge offers a solution through its marketplace. Here, there is swift sale or trade of property-backed NFTs, ensuring convenient access to funds.</p>
 <p>Central to this project is ELDG. In the ongoing presale, the <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> is changing hands at $0.023.&nbsp;</p>
 <p>Token holders enjoy a range of perks, including discounts, rewards, and VIP membership benefits.&nbsp;</p>
 <p>Early investors are up 130% on their investment. Analysts are bullish, expecting ELDG to reach $0.038 before the presale concludes.</p>
 <p>Visit Everlodge</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> ChatGPT: here’s why Dogecoin, XRP, and Everlodge are trending
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/cardano-tvl-outpaces-bitcoin-s-new-token-surging-as-tether-injects-1b-usdt-into-tron-tbt69792.html">https://thebittimes.com/cardano-tvl-outpaces-bitcoin-s-new-token-surging-as-tether-injects-1b-usdt-into-tron-tbt69792.html</a></p>

Cardano TVL outpaces Bitcoin’s, new token surging as Tether injects 1B USDT into Tron

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