Cardano is reported to have recorded an incredible surge of network activities as decentralized exchanges hit milestones. 
The price is, however, struggling in the last 24 hours as ADA falls by 4 percent to trade at $0.28.
Cardano (ADA) has seen increased activity on its network over the past few months with its decentralized exchanges (DEXes) hitting milestones. According to reports, one of the most popular DEX on the Cardano network SundaeSwap has gone past 600,000 ADA, demonstrating the increasing adoption and usage of the exchange. In the past 24 hours, there has been a 4.05 percent increase in unique active addresses.
This has contributed to a 30.83 percent growth in trading volume. The report observed that these activities indicate improved participation from users. The improved volume of these exchanges has led to a substantial increase in n Total Value Locked (TVL) on the network. According to data from Artemis, the TVL has increased from $130 million to $156 million in a few

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