![]() Recovering from a current month low $1.071, however, ADA’s move back through to $1.16 levels brings January’s high into play. Analysts are bullish about the year ahead, with ADA striking a current year high $1.638 on 18 th January before succumbing to crypto market forces. It could have been far better, however, with ADA striking an ATH $3.097 in early September before ending the year at $1.30 levels.Ĭardano’s entry into the DeFi space and the Alonzo upgrade were key to the 2021 gain. The 6 th largest crypt by market cap, surged by 620% in 2021. ![]() Price predictions for ADA are bullish for the year ahead. This morning’s moves came off the back of a 7.35% rally on Friday, supported by the broader crypto market. Story continues Cardano (ADA) Price ActionĪt the time of writing, ADA was up 2.28% to $1.165. While the MELD tokens are now locked in, stakers not only receive yield and rewards but are also able to use the staked tokens as collateral for fiat currency loans. Within 3 days of launching, MELD tweeted that Cardano (ADA) users have staked 100 million MELD tokens. Those who participated in the Initial Stake Pool Offering (ISPO) will be eligible to mint Bank Manager NFTs. While focusing on DeFi, users will also soon be able mint Bank Manager NFTs on the MELD platform. The platform uses smart contracts to deliver transparency and fairness. ![]() MELD offers crypto holders crypto-collateralized cash loans or credit lines, with interest payable on what is used. ![]() Users can securely borrow and lend both crypto and fiat (USD and EUR), while also allowing MELD token holders to stake and earn yields and rewards from MELD staking pools. MELD is a DeFi, non-custodial, banking protocol. MELD Launches the First Non-Custodial, Decentralized Lending and Borrowing Protocol Based on Cardano Smart-Contract Blockchain #crypto #cryptocurrency #cardano #ada #cryptonews ![]()
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