DeFi activity on the Cardano (ADA) network is showing strong momentum, with Total Closed Value (TVL) increased by more than 23 percent. Despite increased chain activity, ADA continues to trade below $0.3, with weak performance, price volatility and constant sales during the past months.
Cardano sees the rise of DeFi as the price of ADA drops
Cardano’s decentralized financial ecosystemm is experiencing a significant increase in activity, although the price of ADA remains depressed. As of March 13, 2026, the token was around $0.27, a drop of over 90%. all time highscreating a striking disconnect between network growth and price performance.
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It is worth noting that Dave, the stock pool operator (SPO) and authorized representative (DRep) for the Cardano blockchain, took to X. to emphasize network scale the latest expansion of DeFin. He noted that despite the recent price weakness, Cardano’s TVL is up 23.5% over the past 12 days, from $447.13 million on February 26 to $552.35 million on March 13. This represents approximately $105 million in additional capital to the Cardano DeFi ecosystem.
The data shows that this increase is due to imports, not in US dollars, directly with ADA. Data from DeFiLlama, which tracks TVL in USD, shows that the total value of Cardano DeFi on February 26 was about $127 million, and in the following days it reached about $142.27 million, reflecting a smaller profit.
Additional insights from other Cardano DRep Dory on X reveals that ratio stablecoin supply to DeFi TVL on Cardano has expanded dramatically over the past few months. Dory reported that Latest USDCx integration Cardano has already created a significant change in the stablecoin landscape of the network.
He noted that TVL’s stablecoin-to-DeFi ratio has risen from around 10% last June to 32% during his tenure, nearly tripling within a year. He is a part of this growth ratio ADA price reduction. Since most of the network’s DeFi value is stored in ADA, the continued decline in its market price when measured in US dollars has reduced Cardano’s TVL.
However, Dory emphasized that the integration of USDCx is an important step in the development of DeFi on Cardano. He noted that with the steady increase in coin volume, Cardano’s DeFi ecosystem is expected to diversify and mature organically.
ADA analyst projects are recovering despite the channel’s downfall
Technically, ZAYK Cryptographic Analyzer has Charts on X revealed that ADA is currently trading within the falling channel highlights broad downward movement from 2025. From 2025. Looking at the chart, the cryptocurrency has continued its downward trend since last September, falling from above $1 to $0.27 at the time of writing.
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In spite of slow workZAYK charts maintain a bullish outlook for the altcoin. He predicts that if ADA breaks its resistance near $0.28 in the ascending channel, the price could rise 108% to $0.55.
Featured image from Freepik, chart from Tradingview.com
