Cardano’s ADA token has seen a surge in trading volumes, averaging $720 million daily in February and $1.4 billion in March. The token’s market cap stands at $25.6 billion. Cardano’s blockchain has over 5 million unique wallets and 1.3 million delegators, with thousands of new wallets created daily. Despite a total value locked (TVL) of $329 million, Cardano Foundation CEO Frederik Gregaard emphasizes the importance of non-value transactions, aiming for 50% of activity to be non-financial. Cardano’s partnership with Veritree resulted in over 1 million ADA tokens donated to plant mangrove trees in Kenya. The Cardano Foundation also partnered with SERPRO, Brazil’s largest state-owned IT company, which processes 33 billion transactions annually and will train 8,000 employees in blockchain technology. While Cardano’s TVL grew from $445 million to $537 million in 2024, its decentralized exchange Minswap reached a cumulative trading volume of $3.4 billion, with December’s volume at $271 million. Cardano’s lending sector has a TVL exceeding $116 million.
TapTools
@TapTools
·
Feb 20 JUST IN: Cardano has surpassed 5.2 million ADA wallets, with 53,000 new wallets added in the last 30 days.
Am_Panic
@am__panic
·
11h Key Highlights:
New benchmark epoch introduced.
Lace wallet now supports Wanchan Bridge.
Ongoing implementation of incremental certification for Cardano database.
Budgeting processes for Cardano reviewed and updated.
New ‘Under The Hood’ episodes coming soon.
Nala
@NALAp20
·
Mar 13 BREAKING
The Midnight airdrop will reach over 37 million wallets across 8 blockchains!
According to
@IOHK_Charles
, the best part? Everyone must come to Cardano to claim, as it’s a Cardano Native Token!
Are you bullish enough? $ADA
HodlPress
@hodlpress
·
21h JUST IN: Cardano sees soaring trading volumes following a mention by ex-U.S. President Trump for a strategic crypto reserve. With focus on non-financial activities and real-world use cases, the blockchain boasts 5 million unique wallets and $329M TVL.
Will Cardano’s
TapTools
@TapTools
·
Feb 22 Dormant whales are waking up.
Wallets holding hundreds of thousands of ADA for years are now making moves—deploying capital into the ecosystem.
This one alone has already scooped up 500K+ in assets.
The rotation into Cardano native assets has begun.
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