Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Cardano Q3 data reveals strong ecological growth, decentralized governance takes a key step

Cardano Q3 data reveals strong ecological growth, decentralized governance takes a key step

西格玛学长2024/12/26 07:13
Recently, Messari released the latest Cardano Q3 report, which shows significant progress in decentralization and ecosystem expansion. The report shows that Cardano has successfully completed the first phase of the Chang hard fork, marking a critical moment for ADA holders to enter a fully decentralized on-chain governance, laying the foundation for future on-chain decision-making.
 
From the data performance, the Cardano ecosystem continues to release its potential. The TVL of decentralized finance (DeFi) increased by 13.3% quarter-on-quarter, reaching $231.60 million. Among them, the Liqwid protocol performed particularly well, with its TVL increasing by 77.2% quarter-on-quarter. In addition, the market value of stablecoin USDM increased by as much as 145.5% year-on-year, further consolidating Cardano's competitiveness in the stablecoin field. The overall revenue of the platform increased by 31.2% quarter-on-quarter, reaching $5.10 million.
 
This data shows the steady development of the Cardano ecosystem and its continuous breakthroughs in decentralized governance, DeFi, and stablecoin markets, demonstrating strong growth potential and future potential.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.

According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.

华尔街见闻•2026/09/26 11:36