Cardano (ADA) demonstrated robust growth in the third quarter of 2025, according to a report by Messari. The network's DeFi total value locked (TVL) surged by 28.7% to reach $423.5 million. Additionally, Cardano experienced a remarkable 561.7% increase in NFT trading volume, underscoring its expanding influence in the digital asset space. A significant governance milestone was achieved with the transition to a community-elected Constitutional Committee, marking a step forward in decentralization. The release of the Halo2–Plutus verifier further enhanced the network's privacy and interoperability capabilities. Positive trends were also observed in network activity and staking metrics, indicating a strong overall performance for Cardano.