As reported by The Crypto Basic, Cardano founder Charles Hoskinson has outlined a strategy to significantly increase the total value locked (TVL) on the Cardano network, potentially reaching billions of dollars. He highlighted the upcoming Midnight sidechain and the RealFi project as key components of this plan. Midnight, currently in the testnet phase, is expected to attract multi-chain interest and enhance DeFi activity on Cardano. Additionally, Hoskinson mentioned the potential of Bitcoin and XRP DeFi to unlock substantial TVL, estimating $15 billion and $100 billion opportunities, respectively. The implementation of these initiatives is expected to cost the network around $100 million.
Cardano Founder Outlines Strategy to Boost TVL to Billions via Midnight and RealFi
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