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I just checked the data and Cardano DeFi has already surpassed 500 million ADA in TVL. It's a pretty interesting movement considering where it was a few months ago. The growth of the decentralized application ecosystem on the network has been steady, and it seems more developers are building there.
What catches my attention is the speed at which Cardano's TVL is growing. If the pace continues, it wouldn't be surprising to see the network reach one billion. Several new DeFi projects are coming to Cardano, so the TVL could accelerate even more in the coming months.
Of course, everything depends on adoption and how the projects develop. But if Cardano's TVL continues on this trajectory, definitely one billion is a realistic goal. Has anyone else been following the growth of DeFi on Cardano?