November 27, 2023
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December 15, 2023
Total value locked (TVL) in Cardano's ecosystem exceeds $440 million, driven by increased interest amid Ethereum alternatives.
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Indigo and Minswap experience over 50% TVL surge to nearly $100 million each in the past week.
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Djed DJED stablecoin sees a 45% supply increase, signaling capital inflows and investor interest in yields.
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TVL in smaller protocols like LendFi and Spectrum Finance rises by 90%, indicating users taking riskier positions.
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Cardano's ADA token rises 17% in 24 hours, contributing to an 80% monthly gain amid increased on-chain activity.
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Cardano gains traction as an Ethereum alternative, driven by investors seeking returns and diversification.
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Cardano's DeFi ecosystem grows alongside other blockchains, reflecting the broader trend of decentralized finance adoption.
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