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Pools register $1.4 billion ADA

Long
BINANCE:FTMUSD   Fantom
Cardano (ADA) has experienced a significant increase in the amount of ADA that has been deposited into its staking pools in only 12 hours on March 22.

Indeed, the large quantity of Cardano that inflowed into the 23 newly created staking pools was roughly around the figure of 1.5 billion ADA which equates to about $1.4 billion, at the time of publication, according to data from Cardano staking pool analytics platform pool.pm.

Noteworthy is that each pool has a stake of 62 million ADC, and the percentage of ADC coins that have been staked is over 73%, which is an impressive showing in the context of DeFi development.

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