Last Week Was Cardano’s Week
$ADA‘s been on a bit of a joyride lately. A whopping 120% climb since October 20. And with December still unfolding, ADA reached new 2023 highs, while the Cardano DeFi ecosystem is blooming like a rare desert flower after a rainstorm. 🪷
Cardano’s TVL rocketed past $370 million this past Friday. That’s a mind-blowing 520% growth since the year kicked off. What’s fueling this meteoric rise? A cocktail of increased DEX activities, more network developments, and a rising tide of investor confidence in Cardano’s DeFi scene.