Altcoin News

Cardano Gains Momentum as TVL Grows to $137.21 Million

  • Cardano’s Total Value Locked (TVL) rose by 3.12% in the last 24 hours.
  • This brings the number up to 137.21 million including staking.
  • Its CEO Charles Hoskinson recently addressed the community at Consensus 2022.

Cardano continues to win the hearts of new fans. Its latest proof is in its Total Value Locked (TVL). As of a few hours ago, Cardano’s TVL has seen an increase of 3.12% in the last 24 hours. Presently, Cardano’s TVL stands at 137.21 million. This value includes staking as well. 

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Adding on, the tweet from above also confirms numbers from WhaleStats in relation to $ADA. The fact is that Cardano (ADA) has reclaimed its position as one of the top 10 purchased tokens of the 2,000 biggest BSC. 

Cardano has always had a central goal of building a community who are geared at changing the world for the better. Since its inception, Cardano has not once strayed from its original roadmap. 

In fact, its co-founder — Charles Hoskinson, is one of the most active and vocal leaders in the crypto community. More so, he always creates a transparent channel to constantly communicate with the Cardano community. 

For instance, he conducts regular AMAs and speaks with the community via social media channels. Most recently, Hoskinson addresses a large Cardano crowd at Consensus 2022. Here, he reminds the community about what the most important goal is — to make the world better. 

To highlight, he says Cardano’s drive does not come from a ‘when moon?’ ideology, but rather a ‘what can we do to improve the world?’ line of questioning. In addition, he says that the crypto industry needs more crypto communities than it needs leaders. 

The Cardano network is working to deliver a chain that offers optimal scalability, interoperability, and governance. He then goes on to reminisce about how much Cardano has grown, from an idea to an army, and shares his gratitude. 

This is not the first time that Hoskinson has taken a moment to appreciate the past and rally for the future. Amid the much-awaited Vasil Hard Fork, Hoskinson dedicated an AMA to the figure who was named after it — Vasil Dabov. No doubt, the Cardano community, and the world, are waiting with bated breath to see what Hoskinson’s vision will bring next.     

Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.

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