Cardano attracts $50 million inflow into DeFi within 24 hours amid price dip CardanoADA ADA CardanoCommunity
. Presently, there are currently 10 dApps contributing to the total value locked on Cardano. MuesliSwap became the first decentralized exchange to launch on mainnet in late December. Sundaeswap launched in January, while MinSwap made its debut in March.
In recent updates by IOHK, nearly 900 projects are currently building on Cardano, with DEXes constituting nearly 4%.ADA price tested lows of $0.91 on April 11 before it rebounded. At the time of publication, ADA was up 1.35% for the day at $0.968. At its present price, ADA remains down 68.97% from its all-time highs of $3.10 attained in September 2021. Despite the price drop, Cardano whales seem to continue accumulating.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Long Crypto Traders Feel Pain as Bitcoin's Slide Leads to $430M in LiquidationsFutures traders betting on the continued recovery of crypto prices were caught in the crosshairs after bitcoin dropped to under $40,000 in the past 24 hours. By shauryamalwa
Read more »
Judge tosses challenge to Florida’s abortion waiting periodWomen will have to wait 24 hours before getting an abortion under a ruling by a Florida judge in a nearly seven-year battle over the waiting period.
Read more »
DeFi infrastructure firm bloXroute raises $70M Series B led by SoftBankDeFi infrastructure firm bloXroute has raised $70 million in Series B funding from SoftBank, Jane Street and others.
Read more »
Elephant Money DeFi Hacked, Are Funds SAFU?ELEPHANT token lost almost 90% of its value in no time as its team asks holders not to sell
Read more »
Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days – Defi Bitcoin NewsOver the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% losing $21 billion.
Read more »
Large meningitis outbreak among gay, bisexual men in Florida, CDC warnsThe disease can be deadly within hours.
Read more »