The post Cardano (ADA) Network’s On-Chain Activity Surges Amid Growing DeFi Adoption appeared first on Coinpedia Fintech News

Cardano (ADA), a prominent smart contract-based blockchain, has been experiencing a substantial surge in on-chain activity. As the broader digital asset landscape gains mainstream traction worldwide, Cardano’s ecosystem has seen an uptick in DeFi (Decentralized Finance) development, evidenced by the growing adoption of Dapps such as Minswap, Indigo, MuesliSwap, and Liqwid.

However, the network also faces significant regulatory scrutiny in the United States, with the Securities and Exchange Commission (SEC) recently placing ADA on a list of digital assets potentially classified as securities.