OKX Banner
BTC $64,015.00 (+0.70%)
ETH $1,862.49 (+0.30%)
BNB $598.71 (+2.00%)
XRP $1.06 (-0.60%)
SOL $73.67 (+0.40%)
TRX $0.33 (-0.50%)
HYPE $56.68 (+4.80%)
DOGE $0.07 (-0.70%)
LEO $9.75 (-0.10%)
ZEC $516.27 (+6.30%)
RAIN $0.01 (-2.20%)
ADA $0.19 (-2.30%)
XMR $352.63 (-2.80%)
LINK $8.14 (-0.10%)
XLM $0.17 (-2.60%)
CC $0.11 (-4.00%)
BCH $210.13 (-1.20%)
GRAM $1.39 (+0.20%)
USDG $1.00 (+0.00%)
LTC $44.81 (+1.00%)

Cardano’s Total Value Locked in January grew by over 9,000%

Twitter icon  •  Published 4 years ago on February 2, 2022  •  Hassan Maishera

According to the Cardano Foundation, the total value locked (TVL) on the blockchain in January was $75 million, up by more than 9,000%.

Cardano’s Total Value Locked in January grew by over 9,000%

The Cardano Foundation revealed its on-chain statistics for January in a Twitter post yesterday. According to the team, the total value locked (TVL) on the blockchain in January was $75 million, up by more than 9,000%. There were also nearly three million wallets created last more.

Cardano (ADA) is an open-source Proof-of-Stake (PoS) blockchain network with its inception dating back to 2015. It utilizes a modified version of UTXO (EUTXO) to accommodate support for smart contracts, which is currently under development.

ADA is up by more than 1% in the last 24 hours and is trading at $1.078 at press time.

Ondo Finance’s USDY Goes Live on BNB Chain
Next article Ondo Finance’s USDY Goes Live on BNB Chain
OKX Banner

Author

Read Hassan Maishera's articles →
Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

Editorial Standards Corrections & Retractions Policy About
Follow us on Google News
Cybet Banner
OKX Banner