$ADA Market capitalization of Cardano $ADA is 23 billion US dollars, referring to the decrease in transaction volume (1.3 TPS) and limited growth in decentralized finance, where the total locked value (TVL) amounted to only 418 million US dollars compared to competitors. The Cardano community defends its research-based approach, the scalable Hydra protocol (one million TPS in tests) and the Ouroboros protocol, claiming that metrics such as TPS do not fully reflect its potential. Recent discussions have also focused on governance, where Charles Hoskinson proposed allocating 100 million US dollars from the treasury for decentralized finance liquidity, which has sparked mixed reactions. Some see it as a push, while others believe it poses a risk due to selling pressure.