State of Cardano Q4 2023

hi this is Charles hoskinson broadcasting live from warm sunny Colorado always warm Always Sunny sometimes Colorado today is February 14 2024 hard to believe it's already Valentine's Day and so happy Valentine's Day to all you lovers out there I wanted to make quick video talk a little bit about a drop that came today the state of cardano from our good friends at Missi this is actually a really good piece of work it was done by Red Shihan and I'm going to share it real quickly you'll see the link at the bottom of the screen but here's the actual report W and you have right here so key insights just dropped three hours ago tvl of cardano increased 160% quarter and quarters 693 per so this was throughout the year of 2023 from January to December 31st tvl ranking increased from 34th Place to 11th Place think about that stable coin value increased by 37% 673 per year on-year iusd Remain the market cap leader and there are others that are coming like usdm Ada price increased 127% quarter on quarter outpacing the overall crypto Market by 53% for you number go up crowd specifications for midnight were released such as use of substrate midnight is data protection Focus partner chain so they reference the partner chain and and they talk about core infrastructure sonon net Hydra mithil and other such things and it talks about how diverse the development ecosystem is input output DC spark mlabs the foundation amergo and many many more things here you can take a look at the average daily transactions the active addresses and how they've increased you take a look at the all the other metrics here it's not bad it's really not bad the network continues to grow and it continues to get more saturated it continues to look strong and there's always danger in doing this but real time let's go to e.org it's one of my favorite websites it's a real-time view of the cardano network so let's see what they're serving up for us today so while that's loading go back to the report and see Nakamoto coefficients looking good we're working on the EDI and they mention it they mention the participation in mithil by the way one number that's hidden here which is very prominent as 1694 gets adopted treasury balance 1.