Key facts: Cardano's Midnight upgrade boosts DeFi; Hoskinson notes DEX gap; Solana bridge planned
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Cardano's founder, Charles Hoskinson, revealed the Midnight upgrade to boost blockchain features, especially in decentralized finance (DeFi), following a recent decline in ADA's value.1Hoskinson noted a valuation gap in Cardano's DeFi sector, with low trading volumes on its decentralized exchanges. Improved liquidity and settlement assets could boost DEX activity significantly.2Cardano's Charles Hoskinson and Solana's Anatoly Yakovenko plan to build a cross-chain bridge, marking a significant shift in their competitive dynamic.3
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