Cardano News Today: Cardano's TVL Jumps 28.7% While Transaction Volume Drops, Raising Concerns About Long-Term Viability

Cardano (ADA) has distinguished itself within the decentralized finance (DeFi) arena, as its total value locked (TVL)

to reach a peak of $423.5 million, the highest in three years. This renewed momentum has , marking a 42.5% rise, fueled by strong performance from major protocols such as Liqwid and Minswap. to $101.6 million, while across the platform.

The

has been further supported by significant whale involvement, as — valued at over $204 million — between November 7 and 10. This accumulation helped boost ADA’s price by 21% from its monthly low of $0.49, who point to a possible “Power of Three” bullish setup that could push the price to $0.73. Despite this rally, overall network usage has not kept pace, as , revealing a gap between institutional confidence and retail engagement.

Cardano’s governance has also progressed, with

in September 2025. This represents a major milestone in decentralizing governance, from decision-making authority. This shift is in line with Cardano’s Voltaire roadmap phase, which and strengthening the ecosystem’s durability.

Nonetheless, some obstacles remain. Although TVL and market capitalization are strong,

, with daily app transactions dropping by 14.7%. This slowdown raises concerns about whether growth can be maintained, especially as to $1.3 billion, has seen a 10.9% decrease in terms. of native DeFi protocols, the ecosystem may experience instability, particularly if the broader market weakens.

The

Foundation has to tackle these issues, including providing liquidity to stablecoin initiatives and advancing real-world asset (RWA) tokenization. Furthermore, — which bring on-chain zero-knowledge proof capabilities — are designed to boost privacy and scalability for developers. These efforts highlight Cardano’s determination to strengthen its DeFi presence, though their effectiveness will depend on user engagement and overall economic conditions.