- Massive boost for Cardano’s TVL lies ahead.
- Hoskinson says Cardano has broken the island curse, meaning heightened interoperability.
- Cardano has seen over 108 deals this year thanks to the Midnight sidechain.
As one of the most bullish blockchains, gaining global industry attention, the Cardano blockchain is steadily and repeatedly outperforming other blockchains, and analysts believe this success to reflect on the price of its native token ADA soon. Cardano Founder, Charles Hoskinson, says that a massive boost for Cardano’s TVL lies ahead as Cardano breaks the island curse with heightened interoperability.
Massive Boost for Cardano’s TVL Lies Ahead
The Cardano blockchain and ecosystem received a lot of hate since its conception due to its incredibly slow development, at least in the eyes of the greater crypto community. To its Founder Charles Hoskinson, Cardano was always working like clockwork, methodically meeting the same timeline its roadmap had set, over a decade ago. This slow progress led to a lot of disappointment from community members who wanted fast results.
Initially, Cardano promised several incredible aspects that most blockchains at that time could only dream of. Thus, the community was eager to see its progress. However, only true Cardano enthusiasts were able to comprehend that bringing such promises to life would take a long time. So, while many left ADA, others steadily accumulated Cardano’s native token and await the inevitable surge.
Now, after a decade of slow nd steady, research-heavy, and peer-reviewed development, the Cardano ecosystem is being recognized as the best and only truly decentralized blockchain ecosystem in the web3 realm, and its progress doesn’t stop here. As we can see from the post above, Hoskinson says that Cardano has broken the island curse, meaning that it is becoming a fully interoperable chain, making collaborating and partnering with other blockchains a much easier feat.
Hoskinson also confirmed that there are plenty of custodians supporting Cardano-native assets and ADA. HE says that Cardano is no longer an island and has seen over 108 strategic deals over the last year, meaning 1 every three days, thanks to the Midnight sidechain. He concludes by saying that interoperability is here to stay, meaning a shift could massively boost Cardano’s TVL and reshape its global impact.
Cardano Breaks Island Curse With Heightened Interoperability
Adding to the expected TVL growth for Cardano mentioned above, Hoskinson states in another video, as shown above, that once yield products and lending products come on Cardano, the blockchain’s TVL is probably going to be over $10 billion, instantly. This is because 50% or more of the ADA supply is in Japan, which is about $15 billion worth of ADA. Indeed, the price of ADA could shoot exponentially this altseason.
