Peter Smith
As the competition among smart contract platforms heats up, Cardano (ADA) is making headlines again. This time, it's founder Charles Hoskinson who’s drawing attention with a bold claim regarding the network’s Total Value Locked (TVL).
Impact on ADA Price and Market Perception
If the staking-based TVL figure gains traction, it could positively influence investor sentiment around Cardano (ADA) price. Increased confidence in the protocol’s value may lead to a surge in on-chain activity and capital inflows. ADA’s price may benefit as the broader market reevaluates its fundamentals.
Cardano’s TVL Could Be $14B with Staking Included
In a recent statement, Hoskinson suggested that if Cardano’s staking amounts were counted toward TVL, the figure would be a staggering $14 billion. This assertion reframes how Cardano’s ecosystem might be perceived when compared to rivals like Ethereum and Solana.
Currently, traditional metrics don't include delegated stake in TVL calculations, which may underrepresent ADA's on-chain activity. Hoskinson’s remark opens the door to a broader debate about redefining metrics in proof-of-stake networks.
While Cardano (ADA) continues building out its ecosystem, Hoskinson’s statement could spark a shift in how DeFi participation is measured. If adopted widely, this perspective might help unlock a new wave of interest in ADA as a leading blockchain asset.
Peter Smith
