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Cardano [ADA] TVL declines – will these developments turn the tide?

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Cardano’s [ADA] total value locked (TVL) was on a continued uptrend for several weeks as it spiked considerably. However, the hike seemed to have ended as the metrics registered a decline over the past few days.

Though the decline can be attributed to ADA’s negative price actions, its TVL might soon again regain its upward momentum, and here’s why.

Read Cardano’s [ADA] Price Prediction 2023-24 Cardano published its weekly development report on 3 March, which highlighted last week’s notable updates.

The development in terms of network growth looked promising, and it can play a role in sustaining the token’s ongoing price pump in the coming days. <p lang=«en» dir=«ltr» xml:lang=«en»>The weekly #Cardano development update is now live on #EssentialCardano.

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