{"id":505258,"date":"2022-10-07T00:38:07","date_gmt":"2022-10-07T00:38:07","guid":{"rendered":"https:\/\/ktsl888.com\/?p=505258"},"modified":"2024-06-11T14:27:10","modified_gmt":"2024-06-11T14:27:10","slug":"cardano-tvl-plummets-to-8-month-low-not-seeing-vasil-hardfork-effect","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/cardano\/cardano-tvl-plummets-to-8-month-low-not-seeing-vasil-hardfork-effect\/","title":{"rendered":"Cardano TVL Plummets To 8 Month Low, No Vasil Hardfork Positive Effect"},"content":{"rendered":"
Cardano has suffered a significant drop in its total staked volume since its March 2022 peak. The proof-of-stake blockchain has lost over 76% of its total value locked in the past eight months. The decline is alarming, given the decentralized crypto project’s recent Vasil hardfork.\u00a0<\/span><\/p>\n
The Cardano community welcomed the Vasil upgrade with high expectations. The hardfork was meant to upgrade the blockchain’s performance and place it in a position to contend with other top DeFi projects. However, it seems that the update hasn’t been able to deliver much bullishness for ADA holders.<\/span><\/p>\n