Defi TVL Exceeds $55 Billion Amid Crypto Market Surge
Defi TVL Exceeds $55 Billion Amid Crypto Market SurgeDefi TVL Exceeds $55 Billion Am
By AZC News | Jan 02 2024
Decentralized finance (defi) total value locked (TVL) experiences remarkable growth amidst a robust uptrend in the broader cryptocurrency market.Defi TVL Exceeds $55 Billion Amid Crypto Market Surge
Defi Llama data reveals a $2 billion surge in global defi total value locked (TVL) within the last 24 hours, reaching a new milestone at $55.34 billion. Decentralized exchanges dominate trading volume by 11.9%, clocking in at $2.6 billion during this period.
In the wake of this defi TVL upswing, Lido Finance, a flagship protocol in the sector, sees a 4.5% boost in TVL, hitting an impressive $22 billion. Notably, Ethereum's TVL claims a substantial portion, now standing at $29.7 billion after a $1 billion increase in a single day. Tron secures the second position with a TVL of $8.4 billion.
Of significance is Solana's remarkable performance during the ongoing bull market trend since November 2022. Defi Llama reports a surge in Solana's TVL from $670 million on December 1 to an impressive $1.5 billion in early January.
This surge in defi coincides with heightened investor interest as the broader crypto market gains momentum post-Christmas holidays. CoinGecko data indicates a 6.6% increase in the global crypto market cap, reaching $1.84 trillion within the last 24 hours. The overall cryptocurrency trading volume, according to CoinGecko, has surged from $61 billion to $84 billion during this period.
Related: By the End of 2023, DeFi Industry TVL Exceeds the 50B Mark
In tandem with these trends, Bitcoin (BTC) showcases remarkable gains, surpassing the $45,000 threshold, with indications pointing towards further price growth.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when Defi TVL Exceeds $55 Billion Amid Crypto Market Surge
By AZC News | Jan 02 2024
Decentralized finance (defi) total value locked (TVL) experiences remarkable growth amidst a robust uptrend in the broader cryptocurrency market.Defi TVL Exceeds $55 Billion Amid Crypto Market Surge
Defi Llama data reveals a $2 billion surge in global defi total value locked (TVL) within the last 24 hours, reaching a new milestone at $55.34 billion. Decentralized exchanges dominate trading volume by 11.9%, clocking in at $2.6 billion during this period.
In the wake of this defi TVL upswing, Lido Finance, a flagship protocol in the sector, sees a 4.5% boost in TVL, hitting an impressive $22 billion. Notably, Ethereum's TVL claims a substantial portion, now standing at $29.7 billion after a $1 billion increase in a single day. Tron secures the second position with a TVL of $8.4 billion.
Of significance is Solana's remarkable performance during the ongoing bull market trend since November 2022. Defi Llama reports a surge in Solana's TVL from $670 million on December 1 to an impressive $1.5 billion in early January.
This surge in defi coincides with heightened investor interest as the broader crypto market gains momentum post-Christmas holidays. CoinGecko data indicates a 6.6% increase in the global crypto market cap, reaching $1.84 trillion within the last 24 hours. The overall cryptocurrency trading volume, according to CoinGecko, has surged from $61 billion to $84 billion during this period.
Related: By the End of 2023, DeFi Industry TVL Exceeds the 50B Mark
In tandem with these trends, Bitcoin (BTC) showcases remarkable gains, surpassing the $45,000 threshold, with indications pointing towards further price growth.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when Defi TVL Exceeds $55 Billion Amid Crypto Market Surge
By AZC News | Jan 02 2024
Decentralized finance (defi) total value locked (TVL) experiences remarkable growth amidst a robust uptrend in the broader cryptocurrency market.Defi TVL Exceeds $55 Billion Amid Crypto Market Surge
Defi Llama data reveals a $2 billion surge in global defi total value locked (TVL) within the last 24 hours, reaching a new milestone at $55.34 billion. Decentralized exchanges dominate trading volume by 11.9%, clocking in at $2.6 billion during this period.
In the wake of this defi TVL upswing, Lido Finance, a flagship protocol in the sector, sees a 4.5% boost in TVL, hitting an impressive $22 billion. Notably, Ethereum's TVL claims a substantial portion, now standing at $29.7 billion after a $1 billion increase in a single day. Tron secures the second position with a TVL of $8.4 billion.
Of significance is Solana's remarkable performance during the ongoing bull market trend since November 2022. Defi Llama reports a surge in Solana's TVL from $670 million on December 1 to an impressive $1.5 billion in early January.
This surge in defi coincides with heightened investor interest as the broader crypto market gains momentum post-Christmas holidays. CoinGecko data indicates a 6.6% increase in the global crypto market cap, reaching $1.84 trillion within the last 24 hours. The overall cryptocurrency trading volume, according to CoinGecko, has surged from $61 billion to $84 billion during this period.
Related: By the End of 2023, DeFi Industry TVL Exceeds the 50B Mark
In tandem with these trends, Bitcoin (BTC) showcases remarkable gains, surpassing the $45,000 threshold, with indications pointing towards further price growth.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when Defi TVL Exceeds $55 Billion Amid Crypto Market Surge
By AZC News | Jan 02 2024
Decentralized finance (defi) total value locked (TVL) experiences remarkable growth amidst a robust uptrend in the broader cryptocurrency market.Defi TVL Exceeds $55 Billion Amid Crypto Market Surge
Defi Llama data reveals a $2 billion surge in global defi total value locked (TVL) within the last 24 hours, reaching a new milestone at $55.34 billion. Decentralized exchanges dominate trading volume by 11.9%, clocking in at $2.6 billion during this period.
In the wake of this defi TVL upswing, Lido Finance, a flagship protocol in the sector, sees a 4.5% boost in TVL, hitting an impressive $22 billion. Notably, Ethereum's TVL claims a substantial portion, now standing at $29.7 billion after a $1 billion increase in a single day. Tron secures the second position with a TVL of $8.4 billion.
Of significance is Solana's remarkable performance during the ongoing bull market trend since November 2022. Defi Llama reports a surge in Solana's TVL from $670 million on December 1 to an impressive $1.5 billion in early January.
This surge in defi coincides with heightened investor interest as the broader crypto market gains momentum post-Christmas holidays. CoinGecko data indicates a 6.6% increase in the global crypto market cap, reaching $1.84 trillion within the last 24 hours. The overall cryptocurrency trading volume, according to CoinGecko, has surged from $61 billion to $84 billion during this period.
Related: By the End of 2023, DeFi Industry TVL Exceeds the 50B Mark
In tandem with these trends, Bitcoin (BTC) showcases remarkable gains, surpassing the $45,000 threshold, with indications pointing towards further price growth.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when Defi TVL Exceeds $55 Billion Amid Crypto Market Surge
By AZC News | Jan 02 2024
Decentralized finance (defi) total value locked (TVL) experiences remarkable growth amidst a robust uptrend in the broader cryptocurrency market.Defi TVL Exceeds $55 Billion Amid Crypto Market Surge
Defi Llama data reveals a $2 billion surge in global defi total value locked (TVL) within the last 24 hours, reaching a new milestone at $55.34 billion. Decentralized exchanges dominate trading volume by 11.9%, clocking in at $2.6 billion during this period.
In the wake of this defi TVL upswing, Lido Finance, a flagship protocol in the sector, sees a 4.5% boost in TVL, hitting an impressive $22 billion. Notably, Ethereum's TVL claims a substantial portion, now standing at $29.7 billion after a $1 billion increase in a single day. Tron secures the second position with a TVL of $8.4 billion.
Of significance is Solana's remarkable performance during the ongoing bull market trend since November 2022. Defi Llama reports a surge in Solana's TVL from $670 million on December 1 to an impressive $1.5 billion in early January.
This surge in defi coincides with heightened investor interest as the broader crypto market gains momentum post-Christmas holidays. CoinGecko data indicates a 6.6% increase in the global crypto market cap, reaching $1.84 trillion within the last 24 hours. The overall cryptocurrency trading volume, according to CoinGecko, has surged from $61 billion to $84 billion during this period.
Related: By the End of 2023, DeFi Industry TVL Exceeds the 50B Mark
In tandem with these trends, Bitcoin (BTC) showcases remarkable gains, surpassing the $45,000 threshold, with indications pointing towards further price growth.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when Defi TVL Exceeds $55 Billion Amid Crypto Market Surge
By AZC News | Jan 02 2024
Decentralized finance (defi) total value locked (TVL) experiences remarkable growth amidst a robust uptrend in the broader cryptocurrency market.Defi TVL Exceeds $55 Billion Amid Crypto Market Surge
Defi Llama data reveals a $2 billion surge in global defi total value locked (TVL) within the last 24 hours, reaching a new milestone at $55.34 billion. Decentralized exchanges dominate trading volume by 11.9%, clocking in at $2.6 billion during this period.
In the wake of this defi TVL upswing, Lido Finance, a flagship protocol in the sector, sees a 4.5% boost in TVL, hitting an impressive $22 billion. Notably, Ethereum's TVL claims a substantial portion, now standing at $29.7 billion after a $1 billion increase in a single day. Tron secures the second position with a TVL of $8.4 billion.
Of significance is Solana's remarkable performance during the ongoing bull market trend since November 2022. Defi Llama reports a surge in Solana's TVL from $670 million on December 1 to an impressive $1.5 billion in early January.
This surge in defi coincides with heightened investor interest as the broader crypto market gains momentum post-Christmas holidays. CoinGecko data indicates a 6.6% increase in the global crypto market cap, reaching $1.84 trillion within the last 24 hours. The overall cryptocurrency trading volume, according to CoinGecko, has surged from $61 billion to $84 billion during this period.
Related: By the End of 2023, DeFi Industry TVL Exceeds the 50B Mark
In tandem with these trends, Bitcoin (BTC) showcases remarkable gains, surpassing the $45,000 threshold, with indications pointing towards further price growth.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.making a decision.making a decision.making a decision.making
