Ethereum, Solana, And Tron TVL Show Significant Weekly Growth

By | November 23, 2024

According to PANews, recent data from Defillama indicates a notable increase in the Total Value Locked (TVL) across several major blockchain platforms over the past week. Ethereum‘s TVL has reached approximately $64.51 billion, marking an 8.78% rise over the last seven days. This growth reflects a positive trend in the Ethereum ecosystem, which continues to attract significant investment and user engagement.

In addition to Ethereum, Solana has also experienced a substantial increase in its TVL, which now stands at around $9.336 billion. This represents a remarkable 19.26% growth over the same period. Solana’s rapid expansion highlights its growing popularity and the increasing confidence of investors and developers in its capabilities as a blockchain platform.

Meanwhile, Tron’s TVL has reached approximately $8 billion, with a modest 1.15% increase over the past week. Although the growth rate is lower compared to Ethereum and Solana, it still indicates a steady interest in Tron‘s blockchain services. These developments across Ethereum, Solana, and Tron suggest a broader trend of rising investment and activity within the decentralized finance (DeFi) sector.