2022-4-15 18:00 |
The raise comes as total value locked on the Avalanche blockchain remains steady at around $14.6 billion.
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Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees.
Cardano (ADA) exited the month of November with its total market capitalization and its blockchain’s total value locked (TVL) taking a heavy hit from the FTX collapse that dragged down the entire crypto market.
Ethereum’s recent run is one for the books. Their supremacy is under attack from every side, with great projects trying to steal a piece of their smart contracts pie. Nevertheless, ETH’s price and their blockchain’s adoption keep rising.
The initial growth of the DeFi industry helped to lay the foundation of the current bull market. Innovation in the decentralized finance sector helped fuel Ethereum’s growth, and once Bitcoin got going, the rising tide lifted all other boats.
The total Bitcoin and Ethereum held in DeFi protocols has surpassed the $14 billion…
The post Total value locked in DeFi surpasses $14BN appeared first on Coin Journal.
Decentralized finance reached a new milestone over the weekend as the Total Value Locked (TVL) in DeFi broke $6 billion for the first time. What’s more, the rate of DeFi growth is reflecting the explosion in interest witnessed over the past few months.
