menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Cardano Tr...
source image

Cryptopotato

1M

read

434

img
dot

Image Credit: Cryptopotato

Cardano Transaction Fees Jump 254% QoQ as ADA Price and Activity Soar

  • Cardano (ADA) experienced a 126% price surge in Q4 2024, with its market capitalization growing to $30.3 billion.
  • Cardano transaction fees in USD rose 254% QoQ to $1.8 million, representing a 95% YoY increase, driven by higher token prices and transaction activity.
  • Average daily transactions on Cardano increased by 65% QoQ to 71,500, while average daily active addresses grew by 58% to 42,900.
  • Cardano's DeFi TVL rose by 13% to reach $231.6 million in Q4, with Liqwid and Minswap leading the way in terms of protocols by TVL.

Read Full Article

like

26 Likes

For uninterrupted reading, download the app