DeFi has become cryptos latest trend, but Cardano’s recent run is proof that staking isn’t dead. The once king of the Ethereum Killers has surged over 270% in the last three months, outpacing BTC and ETH by a significant margin.
The events and announcements surrounding Shelley have acted as catalysts for ADA’s recent price movements. Further, its price action also speaks to a larger trend regarding staking-related upgrades.
See the thread for the summary. But for those who’d like to read more, here’s the full research article (paywalled).