.Cardano on a quest as Ethereum killer is playing out in this unique way
in its DeFi protocol as far back as January was pegged at 18.28 million units, the current figure has now plummeted back to 13.33 million units at the time of writing.
Cardano, on the other hand, saw the total TVL in its DeFi smart contracts pegged at 198.65 million ADA tokens as of Jan. 1, and today, this ADA lockup has grown to 571.92 million, an indication of consistent growth and embrace of new applications making their way onto the Cardano blockchain.While the individual token lockup in DeFi smart contracts is in favor of Cardano, the protocol still lags behind in other significant areas.
However, amid all these, Cardano has a significant upside that investors can watch out for. The effort to
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