Cardano

<ul><li>In January 2023, Cardano&#39;s native token ADA, had its highest returns in 18 months, rising 58.9% to $0.39, making it one of the strongest performers among top digital currencies, according to CryptoCompare&#39;s<a href="https://data.cryptocompare.com/reports/asset-report-january-2023?mc_cid&#61;5882b25f9a&amp;mc_eid&#61;e224bb9eb0" rel="noopener noreferrer nofollow"> Asset Report.</a></li><li>Cardano&#39;s price action outperformed the MVIS CryptoCompare Digital Assets 100 Index, which tracks the 100 largest digital assets.</li><li>Trading volumes on centralized exchanges rose 158% to $9.87 billion, marking the first increase in trading volume in 13 months.</li><li>Total Value Locked (TVL) on the Cardano blockchain increased 49.9% to $99 million in January, the highest recorded since August 2022.</li><li>Minswap remains the largest protocol with a TVL of $30.7 million, but its dominance declined to 31% from 42% in August 2022 due to the launch of new protocols.</li></ul><p>Read the full article on CryptoGlobe: <a href="https://www.cryptoglobe.com/latest/2023/02/cardano-ada-records-highest-returns-in-18-months-as-its-defi-sector-grows/" rel="noopener noreferrer nofollow">Cardano ($ADA) Records Highest Returns in 18 Months as Its DeFi Sector Grows</a></p>

Cardano Records Highest Returns in 18 Months

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