Cardano Enters Demand Zone That Could Trigger the Next Bullish Leg as TVL Hits 13-Month High ⋆ ZyCrypto
The post Cardano Enters Demand Zone That Could Trigger the Next Bullish Leg as TVL Hits 13-Month High ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
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  Cardano (ADA) has recorded a massive increase in its Total Value Locked (TVL) to the highest level in 13 months. Amid this surge, bullish forecasts around ADA have emerged, with analysts noting that the token has entered a key demand zone and could be on the verge of a breakout rally. At press time, ADA traded at $0.255, up 2.93% intraday. Trading volumes were up 20% to $535 million, according to CoinMarketCap data. Cardano TVL Soars to Multi-Month Highs Data from DeFiLlama show that Cardano’s TVL has increased to 545 million ADA, the highest since late January 2025. This surge often shows that more users are locking ADA tokens on the blockchain to handle transactions. Therefore, this increase could reduce ADA’s supply on exchanges and trigger a price gain if demand also rises. (Cardano ADA TVL: Source/DeFiLlama) Per the DeFiLlama chart above, the growth started in late February. On February 27, the TVL stood at $435 million, indicating that it has grown by over 120 million ADA in less than two weeks. If the trend continues at the same pace in the coming weeks, a bull run could commence. However, it is important to note that the TVL is dropping in fiat value. Following the 5.87% monthly drop in ADA price, the 545M locked on the network is worth $136 million, the lowest since 2023. This drop is attributed to a notable decline in ADA’s value, with a yearly drop of more than 67%. This surging TVL also comes amid rising hype from the crypto community around the Midnight project. As ZyCrypto reported, some anticipate that this project will have a positive impact on the token, as Midnight could stand out from more than 99% of new crypto projects. Advertisement
  ADA Enters Demand Zone…
Filed under: News - @ March 9, 2026 6:24 pm