💸 ADA Ecosystem reaches ATH of 600M / Whales Amass 420M ADA / WMT Bridges to Other Blockchains

🔥 Today's highlights

Cardano’s ecosystem reaches ATH of 600M ADA used on DeFi - Cardano (ADA) has made significant progress in the DeFi space, introducing its native protocols in early 2022. Despite being one of the oldest Layer-1 blockchains, Cardano continues to expand its presence in the Decentralized Finance ecosystem. (link)

Cardano Sharks and Whales Amass 420M ADA in High Accumulation Campaign - Despite ADA's struggling performance, Cardano (ADA) shark and whale addresses are increasing their holdings, accumulating more tokens. This marks a significant surge in accumulation for Cardano (ADA). (link)

The Waiting Game - Amidst a bear market, crypto influencers continue to alternately predict a bull run or warn of crashes. However, token values remain unchanged, causing people's emotions to slowly erode over time. (link)

Top Crypto Analyst Forecasts a 10,689% Cardano Rally to $31 - Cheeky Crypto predicts ADA could surge by up to 10,689% and reach $31 in the future. This bold forecast was made by renowned crypto analyst Cheeky Crypto, focusing on Cardano's (ADA) price. (link)

Rosen Bridge Nears Completion: Swap Between Ergo and Cardano - Rosen Bridge is developing a secure gateway between Cardano and the Ergo protocol, aiming to prevent hacks. The Web3.0 startup is in the final stages of releasing a new product. (link)

Wanchain adds Cardano to its cross-chain framework - Wanchain, a provider of decentralized blockchain interoperability solutions, has included Cardano in its cross-chain framework. Additionally, Wanchain has successfully developed the initial public decentralized... (link)

5 factors that could send Cardano to $5 - Cardano (ADA), the eighth-largest cryptocurrency, is among the assets that have consolidated their gains from the July rally. However, uncertainty remains about its future performance in the volatile cryptocurrency market. (link)

World Mobile Token Bridges to Other Blockchains: Paving the Way for Interoperability - World Mobile, a blockchain telecom project, aims to establish cross-chain bridges with Binance Smart Chain and Ethereum. This ambitious plan will enhance interoperability between the two popular blockchains in the crypto industry. (link)

DEX MuesliSwap To Reimburse Users for Slippage Issues - MuesliSwap customers faced high slippage rates for over a year. Urgent action was taken to tackle the order slippage issue at MuesliSwap, with the involvement of a team from the decentralized platform based on Cardano. (link)

Cardano Q2 2023 Report: DApp Transactions Skyrocket by 49%, TVL Surges to $151.7M - In Q2, Cardano experienced a surge with a 49% rise in DApp transactions. Minswap dominated the DeFi sector, while the total value locked (TVL) reached $151.7M. ADA, the native cryptocurrency, maintained its year-to-date gain. Messari provided detailed analysis on these developments. (link)

Cardano Feed presents to you the biggest newsletter media dedicated to Cardano ($ADA). Have a wonderful read!

If you have any interesting projects or ideas, please reach out to us by responding to this email or by sending us a DM on Twitter: @cardanofeed and @otaviolima.

As always, thanks for reading, and see you next time. 😀

_{Disclaimer: Cardano Feed DOES NOT provide financial advice. The content is for informational purposes only and does not necessarily reflect our opinion.}