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