<ul><li>Cardano completed phase one of the Chang Hard Fork, advancing decentralized governance for ADA holders.</li><li>DeFi TVL grew 13.3% QoQ, driven by Liqwid Finance and USDM’s significant market cap surge.</li><li>Cardano’s Q3 network activity declined, with average daily transactions dropping 15.9% and ADA price slipping to $0.37.</li><li>Despite a dip in network activity, Cardano’s DeFi sector showed resilience, with total value locked (TVL) climbing 13.3% QoQ to $231.6 million.</li></ul>

Cardano in Q3: ADA’s Price Falls, But Liqwid’s TVL Soars by 77.2%

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