Posts about Cardano
With the SEC focused on Staking as a Service and Ethereum getting focused as having an unaffordable minimum staking requirement for retail - in hindsight it seemed inevitable that Charles Hoskinson would find a way to try and get people focused on Cardano. To everyones surprise (are we really surprised?) Charles Hoskinson had a 30 second appearance during half time commercials in what can only be described as one of his normal Youtube videos - while he tossed a football in the air and talked about why Cardano is superior to Ethereum.
Took a picture of the commercialTranscript from Commercial
America as you drink your beer and celebrate this wonderful and highly competitive superbowl. We need to talk about the Elephant in the room. While the SEC attacks staking and Ethereum - you must know that Cardano that's C-A-R-D-A-N-O, is not like Ethereum. Unlike Ethereum requiring nearly $50K you can stake Cardano with under $1. Cardano even allows you to maintain full control of your crypto in your wallet while staking, unlike Ethereum forcing you to lock it up for unknown amounts of time. While the SEC attacks staking as a service it's important for everyone to remember, unlike Ethereum, Cardano is highly competitive and the best choice for your Staking needs. Thank you America, may the best team win.
As the commercial just aired I don't yet have a link to the add, but as soon as it get's posted on Youtube or a video hosting website I'll make sure to edit the post with a link to the video.
According to defilama Cardano just hit today an all time high in terms of TVL. Important to note that this is not in dollars, but in ADA. The last ath was at March 23 2022 approximately a year ago with roughly 324 million ADA locked. Now it stands at roughly 326 million and the past month has been growing rapidly. I won't be surprised if this new ath would be broken by the next few days. I have been bullish on ADA for a long time and I'm happy to see how far it has come since the launch of smart contracts in 2021.
Currently the top dapps are:
Minswap(DEX) - $40m TVL
Indigo(CDP) - $18.5m TVL
WingRiders(DEX) - $18m TVL
There are also a lot of exciting things coming up for example Hydra(scaling), usdA(stable coin backed by US govt. debt), wrapped BTC just to name a few.
Source: https://defillama.com/chain/Cardano?currency=ADA
P.S.: Fun fact if cardano were to hit a new ATH it's TVL in dollar would be close to a billion dollars.