Funds continue to pour into the crypto market as the bull run progresses, as demonstrated by significant growth in the total value locked (TVL) across leading blockchains. Over the past seven days, Ethereum stood out with a remarkable $7.79 billion increase in TVL. This surge reinforces Ethereum’s decentralized finance (DeFi) dominance, with its ecosystem continuing to attract investors and developers.
Tron followed with a $900.23 million increase in TVL, driven by recent significant changes in TRX’s price performance. Solana also experienced notable growth, adding $618.4 million in TVL.
Comparing TVL Trends Across Blockchains
The latest data reveals contrasting trends across blockchains. Last week, Ethereum experienced a $4.81 billion TVL increase, building on its November gains
In comparison, smaller chains like Base and Hyperliquid showed TVL gains of $302.02 million and $290.21 million, respectively, during that period. This week, however, Hyperliquid added just $208 million, ranking eighth in TVL growth, while Base grew by $426.35 million, trailing behind Ethereum, Tron, and Solana.
Other notable contributors include Arbitrum, Sui, and Avalanche, with TVL increases of $331.45 million, $282.99 million, and $158.93 million, respectively, highlighting their resilience in the competitive DeFi sector.
Tron Massive Comeback
Tron’s growth of $900.23 million this week is particularly significant, especially considering its negative growth of $32.27 million the previous week. This rebound showcases Tron’s ability to recover quickly and maintain upward momentum.
Notably, this surge coincided with TRX, the network’s native token, reaching an all-time high of $0.45 during the week.
The overall market reflects a growing interest in decentralized finance. While Ethereum’s explosive growth remains unparalleled, chains like Tron and Solana continue to prove their resilience in the competitive landscape.
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