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Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion
27.3.2024
Coinbase has announced plans to increase the storage of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution incubated by the exchange and built on the open-source OP Stack.
The post Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion appeared first...
Frax Finance Unveils Roadmap to Reach $100 Billion in Locked Assets on L2 Network by 2026
22.3.2024
DeFi protocol Frax Finance has revealed an ambitious roadmap aimed at increasing the total dollar value of crypto assets locked in its layer 2 blockchain to $100 billion by the end of 2026.
The post Frax Finance Unveils Roadmap to Reach $100 Billion in Locked Assets on L2 Network by 2026 appeared...
Frax Finance Targets $100B Value Locked in Singularity Roadmap
22.3.2024
Frax's singularity roadmap has set a target of $100 billion in TVL for its layer 2 Fraxtal
Solana’s DeFi TVL skyrockets 80%: SOL’s next move?
18.3.2024
The Solana blockchain has shown a real feat, seeing its decentralized finance (DeFi) total value locked (TVL) increase by almost 80% in the last month alone, jumping according to DefiLlama’s data. This remarkable hike displayed the Solana TVL at the highest level in two years, marking...
Crypto Economy’s Rise Fuels Defi Sector to Surpass $100 Billion TVL
12.3.2024
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienced an increase of at least 50%, fueled by...
Bitcoin Surge Propels DeFi TVL Past $100 Billion Milestone
10.3.2024
The decentralized finance (DeFi) sector has surpassed a significant milestone, with the total value locked (TVL) in DeFi protocols exceeding $100 billion.
The post Bitcoin Surge Propels DeFi TVL Past $100 Billion Milestone appeared first on Cryptonews
Ethereum Layer-2 Platforms Now Manage Over $36.7 Billion in TVL
7.3.2024
Ethereum layer-2 scaling solutions like Arbitrum, Optimism, and Base, now manage over $36.7 billion worth of assets in TVL.
The post Ethereum Layer-2 Platforms Now Manage Over $36.7 Billion in TVL appeared first on Cryptonews
EigenLayer’s TVL reaches $10 billion, indicating a DeFi peak
4.3.2024
EigenLayer has experienced remarkable growth, as evidenced by the significant increase in asset value from $1.1 billion at the beginning of the year to an extraordinary $10 billion, equivalent to approximately 2.93 million ether. This surge reinforces the growing confidence and interest...
Floki staking TVL peaks at $137 million
28.2.2024
Floki announced surpassing the previous high in terms of staking, with the tokens worth $137 million, effectively leaving circulation. Users have staked the tokens in the Floki Staking Program and broken the previous high of $105 million, which was recorded less than 24 hours ago. The community...
Expert Take: Rising DeFi TVL is Silencing the Doubters
28.2.2024
As its TVL rises, industry insiders say that DeFi is seeing increasing interest once again. DeFi is robust and will continue to expand, the experts say, adding that 2024 will be an exciting year for this growing sector.
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Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up
28.2.2024
The Ethereum network has recorded several gains in the last four months as decentralized activity continues to rise amid institutional inflows.
The post Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up appeared first on Cryptonews
Ethereum Price Prediction as ETH Surpasses $3,000 Resistance – What’s the Next Target?
26.2.2024
The world’s second-biggest cryptocurrency by market capitalization, Ethereum (ETH), is holding the fort above $3,000 after crossing this psychologically important threshold yesterday afternoon, according to data by CoinGecko. Due to its high-functionality contracts, Ethereum is crypto’s...
Defi’s Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022
25.2.2024
Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lido’s liquid staking platform, with...
Blast’s TVL is Fast-Approaching $2 Billion – Check Eligibility for the Airdrop Here
23.2.2024
Ethereum Layer 2 protocol BLAST is nearing $2 billion in TLV ahead of its mainnet launch at the end of the month. Notably, commenters argue that the protocol – created by the BLUR team – already has an entire ecosystem ready to go, while the community and developers are eagerly awaiting the Blast...
Sui Network Records $593 Million TVL as Wider Market Taps $72.7 Billion
19.2.2024
As bullish pressure ignites, the Sui network recorded a massive spike in transactions and TVL alongside the broader crypto market. New market data from decentralized finance (DeFi) on-chain analytics firm DeFiLlama shows an uptick in volumes from different metrics in the Layer 1 network. On Feb...
Solana Price Prediction as TVL Crosses $1.8B for First Time Since 2022 – What’s Next for SOL?
9.2.2024
The total value locked (TVL) on the Solana network has crossed $1.8 billion for the first time since 2022, according to data on DeFiLlama. Activity on Solana has been steadily rising since the end of last year, but the blockchain is still way off its all-time high (ATH) of $10.03 billion TVL,...
SUI Records All-Time Peak with 98% Monthly TVL Jump: Render Competitor Gains Attention in Crypto World
8.2.2024
Sui (SUI) is one of the best altcoins to invest in right now, as it recently surpassed a major milestone when tokens set a new high at $1.65. That takes its price growth in the past month to 88%, with its total locked value increasing by 98%. Sui’s ecosystem aims to make digital asset ownership...
DeFi TVL Reaches $60 Billion, Highest Level Since August 2022
6.2.2024
The decentralized finance (DeFi) sector is experiencing a surge in popularity, with the total value of tokens (TVL) deposited on DeFi-focused blockchains reaching $60 billion. This marks the highest level since August 2022, according to data provider DeFi Llama. The recent increase in TVL can...
EigenLayer Lifts Staking Cap, TVL Soars Past $3B
5.2.2024
Liquid restaking protocol EigenLayer has removed its 200,000 ether {{ETH}} staking cap, spurring a $TkTkTk rise in TVL in a matter of hours
Sui Becomes a Top 10 DeFi Blockchain in Less Than a Year
31.1.2024
Developers on Sui are building products that people are using to address real-world challenges, according to Greg Siourounis, Sui's managing director