One key aspect to monitor in the blockchain ecosystem is the relationship between market cap and TVL. For @Acala most of the TVL is in $DOT meaning its performance directly impacts $ACA However, Acala Network is diversifying by onboarding multiple tokens, steadily increasing their TVL.

This raises interesting questions:

▶️Should the TVL align closely with the market cap?

▶️Should it be higher or lower?

▶️What does this tell us about potential overvaluation or undervaluation?

While these metrics aren’t definitive, they provide valuable insights into the ecosystem’s dynamics. Observing these trends can help understand project growth and performance over time. Keep a close watch on $ACA