Cardano ecosystem reaches historic milestone as native token total value locked (TVL) surpasses 520.41 million ADA, primarily driven by the launch of USDCx stablecoin. USDCx currently commands 36% of Cardano network's stablecoin market share and has propelled daily trading volumes on DEX and perpetual trading platform (PERP) to $374 million. The U.S. Securities and Exchange Commission (SEC) has clarified that ADA is not a security, removing a major obstacle to capital inflows. The v11 hard fork scheduled for completion by end of March is expected to boost network throughput to 1000 TPS, with Cardano network poised to achieve 1 billion ADA in TVL within the next few quarters.

ADA-0.93%
PERP-3.91%
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