Cardano Enters Key Demand Zone as TVL Climbs to 13-Month Peak and Price Holds Near $0.255

Cardano's ADA token has seen its Total Value Locked rise to 545 million ADA, the highest level in roughly 13 months, while trading around $0.255 with a 2.93% intraday gain and $535 million in volume. Despite this on-chain growth, the fiat value of the locked tokens has fallen to about $136 million amid a yearly price drop of more than 67%, even as analysts highlight a key demand zone that has previously preceded significant rallies.

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