ADA TVL Will Hit $3B When it Returns to All-time High: Cardano Whale

• Cardano’s TVL grows by 20% per month, reaching 358 million ADA.
• ADA whale said ignoring Cardano’s DeFi potential is reckless.
• Cardano blockchain has recently launched a dynamic P2P network.

Cardano whale, a well-known crypto influencer on Twitter, recently highlighted the growth potential of the Cardano blockchain in the decentralized finance (DeFi) space.

According to the tweets, Cardano’s total value locked (TVL) has been growing at a rate of 20% per month, reaching 358 million ADA (Cardano’s native token) this year. The influencer noted that if the trend continues, Cardano could hit one billion ADA TVL in a year, equivalent to $3 billion when ADA returns to its all-time high.

The Twitter user added that ignoring Cardano’s DeFi potential at this development point was reckless and juvenile.

YTD, Cardano TVL grew 20% per month to 358m ADA. If this trend continues, it hits 1bn ADA in a year, which is $3bn if ADA goes back to all-time high. This doesn’t factor in yet to launch @axotrade, @GeniusyieldO, @TeddySwap, @yamfore, @SpectrumLabs_, new @liqwidfinance assets etc

— ADA whale (@cardano_whale) March 16, 2023

Notably, the highlighted growth poten…

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