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Cardano has been seeing a strong growth in the DeFi sector with its new integrations - 2
ADA technical indicators are currently favoring a consolidated trend in price. It has seen a drop of 1.6% in the intraday session
ADA has a TVL of $181 Million, as per Defilama, …
Source: https://www.thecoinrepublic.com/2023/06/05/cardano-consolidates-despite-the-growth-in-its-defi-market/