According to Foresight News, recent data from L2BEAT indicates a significant decrease in Ethereum's Total Value Locked (TVL). The TVL has dropped to $37.87 billion, marking a 12.63% decrease within a week.
In addition, the TVL of Manta Pacific has reported a decrease of 21.28%, currently standing at $517 million. Metis, another platform, has also experienced a drop in its TVL, reporting a decrease of 19.63% to $325 million within the same period.
Immutable X, a layer 2 scaling solution for Ethereum, has not been spared from this downward trend. Its TVL has dropped by 22.13% to $108 million within the past week. This data highlights a significant decrease in the TVL across various platforms.