Cardano Reaches 74per Staked ADA, Price Surge by June 2022?
Categories: Crypto News
Despite the bearish market that started around April 5, Cardano users have reached upwards of 74% ADA staked. This means that thousands of users have staked almost $23 billion worth of ADA among 3,000 active pools over the past two years.
Cardano fans rejoice at the news, proclaiming that the project has only begun. The sentiment of Cardano “just getting started” isn’t unfounded. The fact is that there are several huge features that are still to be rolled out – namely the Vasil hardfork. Cardano Founder Charles Hoskinson himself tweeted this fact on March 12 of this year.
Charles claims that many Cardano Dapps are “waiting for the Vasil hardfork in June to launch to benefit from pipelining. So it seems we ain’t seen nothing yet on TVL.” He insinuates that by June, many users will and dApps will contribute to increasing ADAs TVL. It can be inferred from this quote that Charles is confident in Cardano’s future this 2022.
The staked figures for Cardano are evidence of users’ confidence in the project. Despite a bearish market coming in again, users haven’t dumped the token. Instead, people seem to be looking forward to more from Cardano – claiming that the project has a bright future ahead.
With these impending improvements for Cardano, profoundly conceivable may see a cost flood up of $20 by June 2022.At the hour of composing, Cardano (ADA) exchanges at a cost of more than $0.8 with a decay pace of 14.1% throughout recent days. It has a market capitalization of more than $28 billion with a 24-hour exchanging volume of nearly $815 million.