According to PANews, recent data from Lookonchain reveals a substantial increase in the total value locked (TVL) across several blockchain platforms over the past week. Ethereum experienced a notable rise in its TVL, with an increase of $4.81 billion. This surge indicates a growing interest and investment in the Ethereum network, reflecting its continued prominence in the blockchain space.
In addition to Ethereum, Base also saw a significant boost in its TVL, with an increase of $302 million. This growth suggests that Base is gaining traction among investors and users, contributing to its expanding ecosystem. The influx of funds into Base highlights its potential as a competitive platform in the blockchain industry.
Hyperliquid, another platform, reported an increase of $290 million in its TVL. This rise underscores the platform's growing appeal and the confidence investors have in its capabilities. The increase in TVL across these platforms indicates a broader trend of rising interest and investment in blockchain technologies, as funds continue to flow into Ethereum, Base, and Hyperliquid.
