Ethereum

Ethereum, BNB Chain, or Tron – What do the latest TVL figures tell us

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ambcrypto.com

From the east to the west, from the north to the south, from NFTs to Decentralised finance (DeFi), the negative impact of the crypto-winter has been undeniable.in fact, according to DefiLlama, the DeFi ecosystem registered a 69% decline in total volume locked (TVL) on protocols across all chains in the first half of the year.

However, on the back of a bullish retracement of late, an uptick has been spotted across the TVLs of major protocols. With a figure of $89.06 billion at press time, the market’s TVL has grown by 18% in the last 30 days alone.Now, how have the three leading chains – Ethereum, BNB Chain, and Tron – fared?With a TVL of $57.21 billion, the Ethereum Network enjoys more than half (64%) of the entire TVL market share of $89.06 billion.

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