On April 6th, Cardano, the popular decentralized platform saw its first oracle integrator launch with Charli3. This oracle tool is working in tandem with DeFi project Liqwid to supply secure, accurate and safe data for users. This marked a major progress for Cardano's ecosystem as it rewards the push for decentralization. It also creates new opportunities for projects to ensure trust within the network.

The oracles from Charli3 are capable of providing reliable on-chain data such as prices for SHEN/ADA and ADA/USD. Liqwid is currently utilizing these oracles for calculations such as loan protocols, assessment of collateral value and liquidations of under-collateralized loans.

According to data from Dapps on Cardano, the most popular protocol to date is none other than the NFT marketplace jpg.store. Additionally, StakingRewards reported that Cardano currently holds second place in terms of staked value behind Ethereum, having accumulated approximately $9 billion in staked value. This impressive amount equates to a staking ratio of 66%.

Despite all of these notable achievements, ADA prices have unfortunately not been faring too well over the past couple of months, especially when compared with other crypto assets. Currently, ADA is valued at $0.38, having dropped by 1.7% today. While it has seen a 15% increase in price over the past month, it is worth noting that the asset is still 87% down from its all-time high back in September 2021.



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