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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.
Total Value Locked (TVL) has been rising steeply since the start of February 2023 and is making new ATH in a bear market when that is not usual. Cardano reached its previous ATH in March 2022 when TVL was at 324M ADA. We are now at 362M ADA (118M USD). DeFi on Cardano is unique in this respect. For all other major smart contract platforms, the number of native coins locked in DeFi is deeply below ATH. TVL in dollar value is low in the case of Cardano compared to some platforms where it is locked up to over a billion dollars and even tens of billions of dollars for Ethereum. If the trend holds, Cardano has a chance to catch up to the current champions within a year or two.
https://i.redd.it/rj50an23t2oa1.jpgThis article was prepared by Cardanians with support from Cexplorer.
Read the article: https://cexplorer.io/article/defi-on-cardano-is-booming