Accelerating rise of Cardano’s total value locked (TVL) on the DeFi landscape is indicative of the network’s growing popularity and utilization. Cardano’s TVL has reportedly exceeded the $250 million mark, an amazing feat. This solidifies its position as one of the most rapidly expanding DeFi ecosystems. Cardano’s rising TVL is
Cardano’s growth in total value locked (TVL) on the decentralized finance (DeFi) landscape continues to accelerate, reflecting strong momentum and adoption for the blockchain network. According to recent data, Cardano’s TVL has now surpassed an impressive $250 million milestone. This cements its status as one of the fastest-growing DeFi ecosystems.
Cardano’s creator Charles Hoskinson has addressed speculation that the Djed stablecoin may be phased out. In a recent post on twitter, he announced that Djed is not only staying put, but will also be undergoing a major revamp that will give this overcollateralized stablecoin a second chance at success. And
A popular cryptocurrency trader is pointing to the potential for a breakout rally in the battered Cardano token ADA. But he cautions that more downsides could still be ahead. In a recent tweet, trader Gareth Soloway highlighted a bullish chart pattern developing for ADA. The token appears to be forming
The Cardano Summit returns for the 3rd year in a row—and TheNewsCrypto is pleased to announce that it will be in the heart of the action as a Summit 2023 media partner. Taking place at the Grand Hyatt in Dubai from 2 November to 4 November, Cardano Summit 2023 will
The first Cardano social networking app, Cardano Spot, was released yesterday. The burgeoning social network platform designed to unite and empower Cardano aficionados is now ready to provide a hand to indigenous initiatives. The Cardano Spot is a sophisticated hub for bringing in new members of the Cardano community and
Cardano founder Charles Hoskinson recently confirmed plans to enable stake pools to validate transactions on the new Midnight blockchain. During an Oct. 10th livestream with Midnight CEO Eran Barak, Hoskinson provided an update on the data privacy-focused network first unveiled at IOG’s 2022 summit. Midnight leverages innovative cryptography to enable
Cardano co-founder Charles Hoskinson has dispelled certain myths and clarified some worries about the Hydra project. Hoskinson made a concerted attempt to clarify and transparently dispel claims of dishonesty over the throughput capacity of Hydra in a recording released on Wednesday. In order to improve Cardano’s scalability, the protocol, which
Analytics provider Santiment has flagged Cardano as an altcoin primed to potentially decouple from broader crypto market trends. Alongside AAVE and CRV, Santiment suggests Cardano could benefit from volatile short-term windows, ideal for savvy traders. But conflicting indicators currently signal both opportunities and risks for ADA. At the time of
A new collaboration aims to strengthen stablecoin adoption and development on the Cardano blockchain. Cardano Spot, a leading web3 media network, has partnered with Minswap Labs to educate users on the expanding stablecoin ecosystem. Cardano Spot provides trusted insights into Cardano-native projects like Minswap, the leading decentralized finance (DeFi) protocol
