According to CryptoSlate, Sam Williams, the founder of Arweave and AO, posted on X yesterday that $260 million of stETH has been pre-bridged to the Arweave-based AI application computing protocol AO, pushing it to become the 28th largest DeFi protocol in the past four days.
According to Williams, AO TVL is now comparable to Cardano ($209.43 million), surpassing major blockchain projects such as zkSync, Fantom, Scroll, Algorand, Filecoin, and ICP.