Recently, there has been a significant increase in transactions on the Cardano network, conducted by major players in the cryptocurrency world, exceeding $1.5 billion. This growth is attributed to large transactions, each over $100,000, leading to a total transaction volume increase to $19.47 billion. Such an increase highlights the growing interest of cryptocurrency whales in this currency.

The ADA token, part of the Cardano ecosystem, also demonstrated impressive price growth, increasing by more than 80% since the beginning of December. This distinguishes it among other alternative cryptocurrencies.

On December 14, the value of ADA rose from a daily low of $0.568764 to a 17-month high of $0.677214, followed by a slight decline. During this growth period, ADA's market capitalization and 24-hour trading volume increased by 12.64% and 91.44%, respectively, reaching $22 billion and $2 billion.

The development in the decentralized finance (DeFi) sector based on Cardano also contributed to the increased value of ADA. The total value locked (TVL) in projects based on Cardano reached $440 million, surpassing previous records. The Indigo and Minswap protocols were particularly active, with their TVL increasing by more than 50% to $100 million each.

Furthermore, Cardano's over-collateralized stablecoin, Djed, saw a significant increase in supply, indicating growing investor interest in new opportunities within the Cardano ecosystem.