Messari: Announcing the release of Red Sheehan's State of Cardano Q1 23' report. Here are some key highlights

$ADA's market cap increased by an impressive 54% QoQ. Total value locked (TVL) denominated in USD on Cardano witnessed a remarkable 172% QoQ increase. And stablecoin value on Cardano also witnessed an impressive 261% QoQ increase, driven by the launch of Indigo's $IUSD and Djed's $DJED.

Announcing the release of Red Sheehan's State of Cardano Q1 23' report. Here are some key highlights:

$ADA's market cap increased by an impressive 54% QoQ. Total value locked (TVL) denominated in USD on Cardano witnessed a remarkable 172% QoQ increase. And stablecoin value on Cardano also witnessed an impressive 261% QoQ increase, driven by the launch of Indigo's $IUSD and Djed's $DJED.

If you want to gain a comprehensive understanding of these developments and the current state of the Cardano ecosystem, make sure to check out the free report via the link provided below.

https://messari.io/report/state-of-cardano-q1-2023

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ORIGINAL SOURCE

https://messari.io/report/state-of-carda...

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