News with the tag "tvl"

A significant development has taken place in the Layer-1 (L1) blockchain space, with SEI eclipsing its former all-time high in Total Value Locked (TVL). Not only does the space now hold over 1 billion SEI tokens, but this trading pair has also garnered enough interest to pay attention once more to t...

Ethereum Layer 2 (L2) networks—scalable solutions for the Ethereum blockchain—have recently seen a significant downturn in Total Value Locked (TVL). Data from blockchain analytics platform L2Beat show that the combined TVL across Ethereum’s Layer 2 networks now sits at $34.43 billion. Over the last ...

In a dramatic turn of events in the decentralized finance (DeFi) space, Aave, a leading crypto lending platform, has decided to pull the plug on its lending services on Polygon Proof-of-Stake (PoS). This significant DeFi lending halt has sent ripples across the crypto community, primarily due to the...

In its recent analysis, market intelligence firm Messari has provided a comprehensive overview of the NEAR Protocol’s performance in Q4 2024. Despite facing headwinds in the broader crypto market, NEAR has demonstrated notable resilience through increased activity and strategic developments. Drop In...

The Ethereum price is drawing attention to its potential future outlook, as a crypto pundit points to a striking resemblance between the altcoin’s price action and Bitcoin’s during the 2015-2017 bull cycle. The analyst’s technical chart analysis suggests that ETH is destined for a breakout to $10,00...

Regardless of its persistent waning movements and underperformance compared to a few major crypto assets, Ethereum still has the potential to undergo a significant rally in the ongoing bull market cycle. With key developments surrounding ETH and its ecosystem, many analysts foresee a move to unprece...

Cardano’s decentralized finance (DeFi) environment has increased significantly, with the total value locked (TVL) expanding by 13%. The spike, while impressive, is the product of multiple variables at work in the blockchain’s expanding DeFi scene. Related Reading: XRP Set To Outshine Gold? Analyst P...

One of the decentralized finance (DeFi) space’s most vibrant new players, Sonic, has seen its Total Value Locked (TVL) surge to more than $400 million in a short time span. In just 30 days, Sonic’s TVL shot up an almost unimaginable 732%. Even then, the almost $3 billion worth of trades recorded on ...

The Sonic (S) blockchain , formerly known as Fantom , has seen a 66% surge in total value locked (TVL) , reaching $253 million following its rebranding. According to Cointelegraph and DeFiLlama , Sonic’s TVL has skyrocketed from $153 million on January 16 to $253 million on January 28 , reflecting a...

Solana now processes an average of 60 million daily transactions compared to Ethereum’s 1 million, proving that scalability matters more than reputation in today’s blockchain wars. Is Ethereum dead? Table of Contents Ethereum’s fight for relevance The Ethereum Foundation’s identity crisis The Second...