Total Value Locked In Cardano Hits $75.4 Million, While ADA Wallets Hit 3M
According to the Cardano foundation, the total value locked in Cardano reached $75.4 million last month. Between January 23, 2022, and January 24, 2022, the TVL in Cardano surged above $80 million for the first time, setting an all-time high of $84.7 million on January 24.
Cardano is expected to unveil a peer-to-peer testnet that will usher in P2P stakes in the coming months, as well as launch the Hydra layer 2 system to further enhance the network's speed in order to process one million transactions per second.
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