🎒 Gate Square “Blue & White Travel Season” Merch Challenge is here!
📸 Theme: #GateAnywhere🌍
Let’s bring Gate’s blue and white to every corner of the world.
— Open the gate, Gate Anywhere
Take your Gate merch on the go — show us where blue and white meet your life!
At the office, on the road, during a trip, or in your daily setup —
wherever you are, let Gate be part of the view 💙
💡 Creative Ideas (Any style, any format!)
Gate merch displays
Blue & white outfits
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Event or travel moments
The more personal and creative your story, the more it shines ✨
✅ How to Partici
Here’s How High Cardano Price Could Reach if Its TVL Reaches $50B
Following the recent surge in Cardano total value locked (TVL), speculation suggests that the network could maintain this momentum and potentially reach an impressive $50 billion
Over the past few weeks, Cardano has been gaining significant attention across the crypto community. Interest in the project has surged following the launch of Hydra 1.0.0, an L2 scaling solution designed to boost Cardano’s scalability and drive broader DeFi activity on the Cardano mainnet
Cardano’s TVL Soars Over 43% in 24 Hours
Despite its strong fundamentals, Cardano’s DeFi activity still trails behind more established ecosystems like Ethereum, which currently has a total value locked (TVL) of $83.85 billion
ADA Price if Cardano’s TVL Reaches $50B
As stated earlier, Cardano boasts a TVL of $276.52 million, with the figure soaring 43.4% over the past day. This indicates that reaching the $50 billion TVL target requires a rally of 17,981% from the current level
However, such an increase is not expected to impact the price of ADA. Although TVL serves as a major indicator that determines the growth and liquidity of a blockchain, it does not directly determine the price of the network’s underlying token
TVL measures the amount of assets locked within a network’s smart contracts, reflecting user confidence and the scale of DeFi activity on that platform. A token’s price is only determined by its overall market cap
For instance, if Cardano’s market capitalization were to surge to $50 billion, each ADA token would trade around $1.38, assuming the circulating supply remains at 36 billion.
While TVL does not directly determine a token’s price, a significant rise in locked value often reflects growing network confidence and usage — factors that can indirectly contribute to upward price momentum. However, it is not a guaranteed catalyst that can be relied on to drive the growth of a token’s price
Cardano Still Bearish, But Expert Remains Optimistic
In the meantime, Cardano’s performance remains affected by the broader market downturn. As of October 12, the token has lost 4.26% of its value in the past 24 hours, and has plummeted 25.42% over the past week
Despite the recent downturn, analysts and community members remain optimistic about a rebound. Prominent voices such as Chris O project that ADA could soar to as high as $8 in the current market cycle, a move that would require a 1,140% rally from the current level of $0.6448