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.