Messari releases Cardano Q4 2024 report: strong performance, Market Caprise127%

2025-02-18 20:17:14

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On February 18th, according to the Cardano 2024 Q4 report released by Messari, Cardano saw a significant rise in the fourth quarter of 2024, with the ADA market capitalization rising by 127% to reach $30.3 billion, Decentralized Finance Total Value Locked (TVL) rising by 94% to $449 million, and Stable Coin market capitalization rising by 66% to $23.2 million. Daily trading volume rose by 65% to reach 71,500 transactions. Cardano also introduced the Ouroboros Peras update, improving network scalability and compatibility with Hydra and Mithril. The ADA price surged by 126% to reach $0.84, rising to the 9th position in the market ranking.

ADA-1.29%

DEFI-5.46%

MITH7.45%

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