ORGANIC GROWTH WITHIN CARDANO

ver the weekend, we had some big news in regards to TVL. The Defillama shows value locked all chains and locked up within individual chains. Ethereum which is the Genesis smart contract blockchain, sits at around about 27 billion dollars. Then, we have Tron which is an interesting one, and BSC which is a BNB. Then, we have Arbitrum a layer 2 for Ethereum, and Polygon alert to optimism which is another layer 2 on Ethereum. Avalanche, Pulse, Mixing acronis, Solana, Kava Defi chain, Phantom and Cardano. We have the Alonso hard Fork which allowed smart contracts on Cardano in September and we are only today seeing a lot of the fruits of that labor or what was envisioned initially on that launch.

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It was going to take up to a year plus to get to where Dapp was deploying on the mainnet and we're seeing a lot of that right now. This is why we're seeing good organic growth within Cardano. Currently, sits at 183.3 million in terms of TVL and you of course have Bitcoin at 179 million. One criticism Cardano gets, the critic the critiques that Cardano gets. Here's how you deal with them, you ask them about Cardano. I can guarantee you 9 times out of 10, they will not even understand the project, how it works, all the moving parts to it and the vision, and some of the things that are already here and that are coming in the future. Otherwise, they wouldn't be saying a lot of what they're saying.

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One of the ones that a lot of people say is in terms of TVL, where it is a market cap it's overvalued. They'll at the same time, defend something like Bitcoin well actually Cardinal has a higher TVL than the likes of Bitcoin at the moment. I do believe this is going to continue to accelerate. We have seen a big jump up in regards to the cartoon Cardano TVL. I think this has a little bit to do with meme coins, meme coins as pros and cons one of the big Pros is it just brings people into the ecosystem.

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We've got lots of things happening on layer twos in regards to Cardano and Sidechains that are going to make Cardano the place to build. In regards to chain activity, Cardano's always consistently pretty much number one but this has a lot to do with Ouroboros and the staking method mechanism and how transaction volume is calculated. If you look at Cardano one of the special things is, if you look at the likes of Ethereum for example which is forth. Less funds moving around significantly, one-tenth of the funds moving around even if it is just Ouroboros come in at 5.8 million. Whereas, Cardano I know it's 13 000. for the Transaction volume of 23.11 billion dollars. This is one reason why crypto is such a a game changer. We are seeing real organic growth in regards to projects building on top of Cardano.