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Blockchain DeFi TVL contraction

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Latest: Cardano (ADA) surges past $0.20 as whales accumulate 240 million tokens

In late July 2026 Ethereum’s Layer‑2 TVL fell to about $5 billion, the lowest since 2023, while Cardano’s DeFi TVL slipped to $68 million. By early August Cardano’s native token ADA rallied sharply, breaking the $0.20 re