Cardano ( ISLAND), total locked assets ( TVL) at the rate 30 percentThe ecosystem continues to expand with an increase of .
Many altcoins, ecosystems and projects continue their development. The recent rise in the crypto money market also contributes to this development. One of these projects, Cardano, crowned its price-based rise with ecosystem expansion. The popular cryptocurrency ADA has risen 25 percent in the past week. This rise also brought about an increase in the total rate of locked assets. Cardano TVL rose nearly 30 percent.
Cardano Increases Total Locked Assets to $65M
defecationAccording to data shared by Cardano ( ISLAND) total locked presence ( TVL) 65 million rose to dollars. This rise ISLANDresulted from the price increase and Cardano ecosystem expansion.
Cardanothree ecosystems DeFiproject, this TVLof about 44.5 million make up the dollar. These projects 26.54million dollar TVLwith minswap, 10.56million dollar TVLwith WingRidersand 7.5million dollar TVLwith SundaeSwapit happened.
CardanoThis increase in activity in the network and TVLThe rise of the project also helped the project to gain confidence. TVLincrease in the amount of DeFihighlighted the functionality of its products.