Leading decentralized finance (DeFi) platform Aave has reached a significant milestone, hitting $35 billion in total net deposits. This marks Aave’s new all-time high (ATH) in net deposits since 2021.
Ethereum, the second-largest cryptocurrency after Bitcoin, has reached a significant milestone after its Total Value Locked (TVL) surpassed $90 billion this month. This massive surge marks the highest TVL Ethereum has recorded since April 2022, igniting discussions about the likelihood of a huge price rally in the coming months.
The crypto and decentralized finance sectors have been growing at an impressive rate over the past month. According to data provided by Defi Llama, the DeFi total value locked increased by roughly $47 billion over the last 30 days, reaching…
Arbitrum, a cryptocurrency network, has announced on its official account that its layer-2 platform has reached $20 billion in total value locked (TVL). Arbitrum on X’s post on Dec. 03 claimed that the first layer-2 platform could reach $20 billion in total…
Cardano’s DeFi ecosystem is hitting new heights, with its total value locked (TVL) nearing an all-time high of $700 million. DeFillama data shows that the blockchain network is riding the current bullish market sentiment by adding over $400 million to reach $680 million as of press time.
What makes Layer 1 blockchains the centerpiece of the current bull run, and can they prove their utility beyond speculation? Layer 1s hit $2.8 trillion Layer 1 blockchains have emerged as the focal point of the ongoing crypto bull run.…