Tag: Minswap
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Top Cardano Projects in 2023: Best Cardano DApps Worth Knowing!
<!-- --> Cardano is one of the most innovative and exciting blockchain projects in the space, being referred to by many...
Top Cardano Projects in 2022: Best Cardano DApps Worth Knowing!
<!-- --> Cardano is one of the most innovative and exciting blockchain projects in the space, being referred to by many...
Cardano-Based DEX MinSwap Fixes Vulnerability That Could Have Cost Millions
A Cardano-based decentralized exchange, Minswap, has revealed that it has completed a maintenance mode which has helped the protocol fix a major vulnerability that could have led to a huge amount of loss for the team. According to a blog post published by the team, they were first alerted to the vulnerability on March 22
The post Cardano-Based DEX MinSwap Fixes Vulnerability That Could Have Cost Millions appeared first on CoinGape.
Cardano Finally Gaining Massive Traction As Upcoming Hydra Upgrade Proves To Be A Game-Changer For ADA
Despite a harsh couple of months, ADA is now going strong with a vigorous community, and with good reasons.
$ADA On The Cusp Of Breaking New Highs As Cardano TVL Hits Record $400 Million
Cardano's price isn't the only thing posting strong gains; the total value locked (TVL) across the network's DeFi ecosystem is hitting new highs.
Move over SundaeSwap, Minswap takes top spot as Cardano TVL jumps to $272 million
The Cardano DeFi ecosystem grew 113% over the last month and now has a Total Value Locked (TVL) of $272 million.
The post Move over SundaeSwap, Minswap takes top spot as Cardano TVL jumps to $272 million appeared first on CryptoSlate.
Cardano (ADA) Attains 9th Position in Market Valuation During Ecosystem Inflows
With a market valuation of $28.68 billion, Cardano (ADA) has claimed the 9th position in cryptocurrency market capitalization, surpassing Avalanche (AVAX). Despite recent inflows into its ecosystem, the coin beat Avalanche’s $22.28 billion to attain the title of 9th largest coin. As the value of Cardano’s ecosystem has skyrocketed, so too have funds flowing into it. From roughly $1.7 million in mid-January to a present-day total value locked (TVL) up at just under $315 million – or a 18420% increase. The Cardano team has entered the third phase of its construction, a process known as Basho, the Cardano’s next era after Alonzo. Cardano plans to release Hydra, a collection of Layer 2 solutions, as part of this phase. In this stage, Basho will update Cardano’s security and scalability. Related Reading | Cardano Based Project Bashoswap Introduces Launchpad and DEX The first Hydra Heads have opened on the public Cardano testnet, and it is an exciting moment for this scaling journey. As a result, the protocol can be vital in ensuring that there are no problems along the way towards becoming a fully decentralized network. Cardano Price Action And Ecosystem Inflows The Cardano ecosystem is booming with new funds, attracting nearly $150 million in March alone. With the surge of total value locked at over $314.87 million from roughly $168.95 million, big things are expected for this crypto project. Cardano’s TVL has increased by more than 80% in just two weeks. And It is currently worth $225.9 million without including staked governance assets. The increase was noted on February 28th through March 16th, when the number rose from $150 million to $314.87 million. The Cardano Minswap has seen a surge in total value locked (TVL) over the last week, with 121% more locked up than before. Cardano Minswap became the most significant protocol by flipping the SundaeSwap. The majority of funds on this network now reside at its Minswap decentralized platform–with $115 million currently locked. Even as Cardano (ADA) continues to progress, the price has failed to catch up. The coin has been on a downward journey after reaching its ATH at $3.10 in September 2021. Related Reading | TA: Bitcoin Holds Uptrend Support, What Could Trigger Sharp Decline The Cardano price has fallen nearly 75% from its all-time high of $3.10 and currently trading at $0.85 per coin. However, $0.85 remains a vital resistance point. Because if investors can stay above that price level, they’ll see their investment rise towards testing another crucial milestone of $0.9. Although, Cardano is still a long way from returning to its former price of $1. As investor sentiment remains negative and the current market favors sellers. Featured image from Pixabay, chart from Tradingview.com
Ravendex’s RAVE Token Price Surges After New Listing
Ravendex, a non-custodial DEX on the Cardano ecosystem is elated to announce the listing of its utility token, $RAVE, on yet another cryptocurrency exchange. Following the listing, the RAVE token saw a surge in price by about 20% as more users sought to join the project. Notably, the RAVE token is already tradeable on centralized […]
Amid Underwhelming Cardano Price, Hoskinson Predicts Huge TVL Boost As Trezor Suite Adds Support For $ADA
Cardano (ADA) has recently been underperforming in price, leaving adherents expectant for a market-driving catalyst.
Cardano’s Total Value Locked Soars by $188M to New High
The total value locked (TVL) on the Cardano network has soared past $270 million since the beginning of the year. ...
5 Top Smart Contract Crypto To Buy Now – March 2022
The year 2022 is proving to be a massive year for smart contracts and blockchain. These technologies are expected to see massive growth as the [...]
Cardano TVL Growing At Breakneck Pace — Factors That Could Propel It To $1 Billion In No Time
Cardano's DeFi ecosystem is posting some shocking figures that point to rapid growth.