Cardano

Cardano pools register $3.4 billion ADA in 12hrs

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Cardano (ADA) has experienced a significant increase in the amount of ADA that has been deposited into its staking pools in only 12 hours on March 22.

Indeed, the large quantity of Cardano that inflowed into the 43 newly created staking pools was roughly around the figure of 3.8 billion ADA which equates to about $3.4 billion, at the time of publication, according to data from Cardano staking pool analytics platform pool.pm.

Noteworthy is that each pool has a stake of 72 million ADC, and the percentage of ADC coins that have been staked is over 83%, which is an impressive showing in the context of DeFi development.

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