Cardano continued to build on its network despite the bear market It witnessed growth in the NFT and DeFi space; revenue collected by Cardano decline A 4 December tweet by IOHK stated that 108 projects had been launched on the Cardano network over the past week. Furthermore, the number of projects in development also witnessed […]
This meant that the contributions made by the Cardano team had grown materially over the last seven days. The development activity witnessed some correlation with the spike in price as well.Source: SantimentIn the last seven days, the volume of Cardano NFTs sold increased by 6.44%, according to data provided by
. However, despite the spike in volume, the number of sales made on the Cardano network declined by 8,90% in the same time frame.According to , Cardano’s TVL increased by 10,800% over the last year. At press time, the total value locked by Cardano was 61.62 million, rising by 2.15% in the last 24 hours.
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