Cardano (ADA) seems to be gathering a lot of support from investors in turn bringing its Total Value Locked (TVL) to new heights. The digital asset's advocate, Dan Gambardello, recently shared his optimistic view of the future of ADA and the potential benefits for holders. On April 5th, Gambardello tweeted that he believes in the price of Cardano's recovery since the amount of Total Value Locked keep on increasing and he considers this to be one of the most important factors when it comes to future price growth.

Previous records state that on March 22, the Total Value Locked had reached a new high of 420.2 million ADA which is the equivalent to 149 million USD. After the staked ADA value has been included in the equation, the current amount increases to $155 million.The bullish outlook has been further reinforced by Gambardello himself who predicts that ADA holders who have held the asset during the past 1.5 years are to be “heavily rewarded”. He states that this is only his intuition and it is not mathematically proven.

Nevertheless, presently, ADA is still down 1.85Percent over the last 24 hours and its current trading value stands at $0.3839. Although it is undergoing a slight dip at the time of writing, it may be indicative of a possible bullish trend in the near future as record numbers of investors are showing increasing interest in the asset.

Clearly, many investors are optimistic and are placing their trust in Cardano. As such, it is likely that the asset is to increase in value as more investors buy it to further stack up their portfolios. More importantly, this increase in popularity suggests that the coin is sustainable and thus points to a bright future. Based on Dan Gambardello’s message and current investor interest, this future is likely to benefit ADA holders if they decide to stick with the asset.



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