Cardano

Minswap

DeFi

Partner

Coin

<ul class="news-points"> 
 <li>Cardano’s Q4 saw a surge in TVL and stablecoin value locked, marking substantial growth.</li> 
 <li>DeFi projects like Minswap and Indigo drove ecosystem activity, showcasing Cardano’s evolving landscape.</li> 
 <li>Partner chains like Midnight and governance initiatives through Project Catalyst fostered community involvement.</li> 
</ul> 
A report from Messari <a href="https://messari.io/report/state-of-cardano-q4-2023" target="_blank" rel="nofollow">show</a> Cardano’s ecosystem has witnessed significant growth in the last quarter, marked by a surge in total value locked (TVL) and stablecoin value locked, alongside advancements in DeFi projects and technologies. As the network evolves, let’s delve into the recent developments and the factors driving Cardano’s flourishing ecosystem. 
In the DeFi ecosystem Cardano’s TVL <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank" rel="nofollow">skyrocketed</a>, surging by 166% quarter-on-quarter (QoQ) to reach a new all-time high. Notably the network’s stablecoin value lock also saw a substantial increase of 37% QoQ. This surge in liquidity increased Cardano’s TVL ranking from 34th to 11th over the course of the year, highlighting its growing prominence in the crypto space. 
Minswap, an automated market maker, retained its position as the most popular dApp on Cardano, witnessing a significant increase in transaction…
The post <a href="https://coinedition.com/cardano-ecosystem-flourishes-with-growing-tvl-and-defi-activity/">Cardano Ecosystem Flourishes with Growing TVL and DeFi Activity</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Cardano Ecosystem Flourishes with Growing TVL and DeFi Activity

Coin Edition

Các bài viết khác được xuất bản trên 15 thg 2, 2024

Is Weaponizing AI the New Norm in Cyber Warfare? Insights from Microsoft and OpenAI

From Chips to Clouds: US Tightens Grip on Technology Race with China

Google Photos to Introduce Manual Recategorization Feature for Enhanced User Control

Crypto Scam: The CEO of Uniswap Warns About Scam Techniques

Price Analysis: Celestia (TIA) Price Falls More Than 3% In 24 Hours

'Rich Dad Poor Dad' Author Says Bitcoin Will Take Off, Gold Will Crash

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!