Cardano (ADA) was at the peak of its performance in 2022, boasting an all-time high Total Value Locked of over $400. However, since then, the cryptocurrency’s value has fluctuated.
But recent data from Artemis shows that Cardano’s TVL has been consistently increasing over the last six months.
The seven-day moving average of $154 million is a level not seen since May 2022. With this growth rate, many are wondering if Cardano will have what it takes to reach its previous all-time high TVL.
Over the last six months, $ADA TVL has consistently increased.
Currently, the seven-day moving average sits at $154m, a number that has not been seen since May 2022. pic.twitter.com/wkbYoAddQb
— Artemis
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