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Cardano Node 11.2 Prep Merged & $69.2M Dry Powder! #cardano #ada
Daily on Cardano
Cardano (ADA) developers merge critical PR #6732 for Node 11.2 preparation ahead of the Hard Fork Working Group review right as Cardano's $69.2M stablecoin supply surpasses total DeFi TVL ($57.33M) by over $11M — live data at https://www.dailyoncardano.com
🔥 Today's 60-Second On-Chain Breakdown:
• Liquidity Inversion: Cardano's stablecoin supply ($69.2M) now exceeds total DeFi TVL ($57.33M) by over $11M — massive sidelined dry powder waiting for the next catalyst.
• Core Engineering: Pull request #6732 for Node 11.2 preparation is officially merged, clearing the final technical roadblocks ahead of today's Hard Fork Working Group review.
• Explosive Token Metrics: Midnight ($NIGHT) is riding an +84% 30-day breakout while $SONG holds the #6 market cap spot on Cardano.
• Real-World Utility: As the Cardano Treasury swells to 1.389 Billion ADA, state police in Uttar Pradesh are actively anchoring criminal forensics directly onto the Cardano mainnet.
💬 Is Cardano's $69.2M stablecoin reserve getting ready to rotate into DeFi once Node 11.2 tags?
📊 Daily on Cardano — Facts over hype. On-chain intelligence for ADA, Midnight ($NIGHT), $SONG, and Bitcoin.
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