- Cardano’s TVL crossed $700M, with $1B as the next target.
- Will the strong network growth push ADA’s value higher?
Cardano’s [ADA] impressive November rally was backed by strong fundamentals and trust, as TVL (total value locked) soared to record highs of $713 million.
This was a massive recovery from the nearly $500M hit in the last cycle.
Source: DeFiLlama
Cardano TVL soars
For the unfamiliar, TVL tracks the amount of funds…

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