Cardano (ADA) exited the month of November with its total market capitalization and its blockchain’s total value locked (TVL) taking a heavy hit from the FTX collapse that dragged down the entire crypto market. According to data from CoinMarketCap, when last month ended, ADA’s overall valuation was at $10.7 billion, 23% lower than the $13.9 billion market cap it had towards the end of October. On a yearly basis, the crypto asset witnessed 69% decline in this category. In terms of TVL, the Cardano network tallied a total of $58.8 million in November 30. The value was lower by 16% from what was registered by the blockchain 30 days prior. Currently, the network made a slight recovery as its TVL as of press time was $59.69 million. Meanwhile, according to tracking from Coingecko, at the time of this writing, ADA was changing hands at $0.3219, relishing an increase of 2.4% over the last seven days. If ADA can maintain this consistency, it won’t be a surprised that it will have a merry Yuletide season. It currently ranks 9th among all cryptocurrencies courtesy of its ov ..
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