Cardano: TVL Breaks $100 Million Threshold
Cardano TVL jumps 5.40% past $100 million, lifting DeFi liquidity and on-chain activity as ADA trades at $0.19.
SourceAnalysis
Cardano total value locked climbed 5.40% in 24 hours and crossed $100 million, according to @ItsDave_ADA, pointing to deeper liquidity and rising developer conviction in network applications.
ADA holds at $0.19 on the four-hour chart, pressing the upper Bollinger Band while the MACD golden cross stays intact and RSI at 65.94 remains neutral, opening the door for a measured retracement to EMA50 support at $0.18 before continuation.
Dave
@ItsDave_ADACardano ecosystem contributor operating the DAVE Stake Pool and serving as a DRep in network governance.