Cardano’s TVL puts up a fight as ADA continues to suffer. Assessing…

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 68%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Cardano’s TVL grew in November despite the crypto winter Its development activity increased while volume and velocity declined Cardano [ADA] witnessed a spike of 20% in its total value locked (TVL) in November, while other major cryptocurrencies suffered in the DeFi space. The spike in the TVL could be attributed to multiple dApps on Cardano’s […]

At the time of writing, Cardano’s TVL was at $58.63. Its value fell by 3.02% in the last 24 hours, according tothe TVL spike in November still stood significant. Furthermore, it could be attributed to the success of various dApps and DEXes on the Cardano network., Miniswap, witnessed a substantial growth in

the number of unique active addresses and transactions. Over last week, the number of unique active addresses on Miniswap grew by 2.6%. The number of transactions increased by 11.97% during the same period. According to data provided by DappRadar, the volume on the DEX increased by 38.6% over the last week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Assessing the ‘why’ behind ETH’s gas price spike due to BinanceEthereum’s gas fees spiked due to Binance’s Proof-of-Reserves endeavors Activity on the network increased, however, sentiment against Ethereum declined Over the last few days, there was a massive spike in Ethereum’s [ETH] gas fees and gas spent. This massive spike was caused by Binance moving large amounts of Ethereum for their Proof-of-Reserves endeavors. Read Ethereum’s […]
Source: CryptoAmb - 🏆 22. / 68 Read more »

What does Aave’s growth on Arbitrum mean for the current state of L2sAave grew on the Arbitrum network but declined on Ethereum Arbitrum’s TVL witnessed growth, and the number of transactions on the protocol rose According to new data from Dune Analytics, Aave [AAVE] users on Arbitrum witnessed major growth. More and more users have increasingly switched to Arbitrum, indicating that L2 adoption was rapidly rising. Read […]
Source: CryptoAmb - 🏆 22. / 68 Read more »