Cardano’s DeFi activity makes an impressive rebound, thanks to…

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Cardano’s DeFi activity makes an impressive rebound, thanks to…
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Cardano’s DEX volume surged since the launch of Djed. ADA’s key indicators were down which could impact its value. Hit hard by the bear market of 2022, Cardano [ADA] experienced a change of fortune on its DeFi front. The total value locked (TVL) on the network’s smart contracts hit $102 million, recording its best performance […]

CoinMarketCap. February has seen a strong wave of selling and the coin has lost more than 6% of its value in the last week.

At press time, the Relative Strength Index dipped below the neutral 50 mark, indicating that selling pressure was back. The Moving Average Convergence Divergence continued to move below the signal line, suggesting a further downward movement.Source: TradingView ADA/USDSubscribe to get it daily in your inbox.

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