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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
Gate Square TOP 40 Creator Leaderboard is out
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Messari releases Cardano Q4 2024 report: strong performance, Market Caprise127%
On February 18th, according to the Cardano 2024 Q4 report released by Messari, Cardano saw a significant rise in the fourth quarter of 2024, with the ADA market capitalization rising by 127% to reach $30.3 billion, Decentralized Finance Total Value Locked (TVL) rising by 94% to $449 million, and Stable Coin market capitalization rising by 66% to $23.2 million. Daily trading volume rose by 65% to reach 71,500 transactions. Cardano also introduced the Ouroboros Peras update, improving network scalability and compatibility with Hydra and Mithril. The ADA price surged by 126% to reach $0.84, rising to the 9th position in the market ranking.