Messari: Cardano's Dapp transaction volume surges 49% in Q2, while TVL increases by 10%.
According to the latest report from Messari, Cardano's Dapp transaction volume and total value locked (TVL) increased by 49% and 10%, respectively, in the second quarter of 2023. The report also notes that Cardano's ecosystem is diversifying, with new protocols contributing significantly to various activity metrics. Additionally, multi-chain solutions such as Hydra Head and Milkomeda C1 are maturing and preparing to support future growth, whether from DeFi or gaming activities. The development of various sidechains and Layer 2 solutions also demonstrates Cardano's pursuit of a multi-chain vision for the future.