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Messari releases Cardano 2024 Q4 report: ADA market value increased by 127% month-on-month

2025-02-18 14:33

Odaily News According to the Cardano 2024 Q4 report released by Messari, Cardano achieved significant growth in the fourth quarter of 2024, with ADA market value increasing by 127% month-on-month to $30.3 billion, DeFi total value locked (TVL) increasing by 94% month-on-month to $449 million, and stablecoin market value increasing by 66% to $23.2 million. The average daily transaction volume increased by 65% to 71,500 transactions. Cardano also launched the Ouroboros Peras update, which improves network scalability and is compatible with Hydra and Mithril. The price of ADA rose by 126% to $0.84, and its market ranking rose to 9th place.