Cardano founder, Charles Hoskinson believes the Cardano ecosystem is just getting in terms of TVL as the total value locked on the Cardano ecosystem reaches fresh all-time highs.
He says ”What most also don’t understand is that many Cardano DApps are waiting for the Vasil hard fork in June to launch to benefit from pipelining. So it seems we ain’t seen nothing yet on TVL”.
The Cardano network has seen a rapid increase in total value locked (TVL) following the launch of Minswap DEX and a growing number of decentralized products on the network, per DefiLlama. When staked governance tokens are included in the TVL valuation, the DefiLlama dashboard reveals that Cardano’s TVL is much greater. With the inclusion, Cardano’s TVL now stands at about $262.93 million.
The total value locked in the Cardano network has seen a rapid increase from approximately $199.74 million to all-time highs of $262.93 million. The spike in the total value of funds locked in the network’s smart contract was observed from March 1 to March 12, when the value of funds set another all-time high.
However, without the inclusion of staked governance assets, Cardano’s blockchain TVL was around $176.87 million.
Apple co-founder Steve Wozniak has stated that he believes Bitcoin is on its path to hitting the $100,000 price mark.
“I can’t put any mathematics to it, I just feel that the interest in crypto is so high and so I put a bunch of money into an online wallet account Coinbase and pretty much, it’s sitting right there,” he said.
Fund manager, Anthony Scaramucci, who launched a bitcoin fund last year, also issued a bold bitcoin price prediction, forecasting Bitcoin will hit $100,000 within two years—and ultimately climb to $500,000.
Nigel Green, the chief executive of financial advisory group deVere predicts that the Bitcoin price will hit $50,000 before the end of March. “As it currently stands, I can see no reason why this price momentum should falter,” he stated.
“It’s still too early to say whether it will then go on to reach the all-time highs of $68,000 from November 2021. However, it’s not that big a leap from $50,000 to $68,000 and the world and the crypto market are moving at an accelerated rate in recent times. It’s certainly not out of the realms of possibility.” Nigel Green stated.
Bitcoin trades at $39,088 at the time of publication.
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