As a result of the spike in trading activity, Cardano's TVL jumped. Charles Hoskinson also weighed-in on the Bitcoin Ordinals matter.
ensured that the volume reached $66.88 million within the aforementioned time frame. Over $7.94 million came in the last 24 hours alone.While Cardano DEXes have seen a surge in trading, it’s important to note that they primarily facilitate the trading of tokens built under the blockchain.
Recently, several meme coins have been linked to the network, causing the trading volume of Minswap to reach $6.91 million. Another Cardano-based DEX that benefited from increased exchange activity and contributed to the volume was Muesliswap, whose volume skyrocketed by 167%.
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