• Cardano (ADA) has seen its total value locked (TVL) explode nearly 200% since the beginning of the year, according to crypto analytics firm Messari.
• Cardano’s TVL dipped in June after the U.S. Securities and Exchange Commission (SEC) charged Coinbase for allegedly offering unregistered securities, specifically naming ADA in the lawsuit.
• New infrastructure such as stablecoins, programming languages, and wallets are helping Cardano developers create more sophisticated applications with improved UXs (user experience).
Cardano Witnesses ‘Impressive’ 198% Growth in Total Value Locked
Cardano (ADA) has seen its total value locked (TVL) nearly double this year, according to crypto analytics firm Messari. The impressive growth has allowed the Ethereum rival to move up from 34th position to 21st overall among all chains when it comes to TVL.
June Dip After SEC Charges Coinbase
The TVL dipped in June after the U.S