surpasses, tvl, showed,

Cardano Rides Bullish Wave as DeFi TVL Surpasses $300 Million

Dec 10, 2023 · 1 min read · 320 points
Cardano Rides Bullish Wave as DeFi TVL Surpasses $300 Million
Share this

Crypto analyst stated that Cardano projects were following the overall bullish sentiment in the markets. Read more.

Highlights

  • A report by an experienced analyst named Paul offers a comprehensive overview of the latest trends and developments within the digital currency space.
  • The total value locked (TVL) in Cardano is about $302.39 million, with a historical peak in March 2022.
  • New DeFi projects and protocols are coming on Cardano’s network, according to the analyst.
  • The analyst stated that Cardano projects were following the overall bullish sentiment in the markets, highlighting projects like COPI and IAGON.
  • In detail, Paul stated that DexHunter has seen a 57% rise in the past week, with Cherrylend and IUSD struggling due to supply and demand imbalances.

Read the original article

Join Newsletter
Get the latest news right in your inbox. We never spam!