As per NewsBTC, Cardano (ADA) has seen a 28.7% increase in DeFi total value locked (TVL) in Q3 2025, reaching a 3-year high. According to Messari’s State of Cardano report, ADA’s market cap rose 42.5% to $29.5 billion. Key protocols like Liqwid and Minswap contributed to the growth, with Liqwid’s TVL rising 50.8% to $101.6 million. On-chain data from Santiment shows that between November 7 and 10, large holders accumulated 348 million ADA, worth over $204 million.
Cardano (ADA) DeFi TVL Hits 3-Year High as Whales Accumulate 348M Tokens
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