Golden Finance recently reported that according to data from Defi Llama, since the beginning of 2023, the total locked value (TVL) of the entire Ethereum ecosystem has dropped from 18.41 million ETH to 12.79 million ETH, a drop of 30%. It is worth noting that the decline in TVL is closely related to the decrease in gas fees on the Ethereum network.
It is reported that on October 5, the gas fee of the Ethereum network has dropped to the lowest point of the year. Although the market may face volatility in the short term, in the long term, the development of the Ethereum ecosystem still has broad prospects. The market should remain optimistic and pay attention to the development of areas such as DeFi and BRC 20.
It is reported that on October 5, the gas fee of the Ethereum network has dropped to the lowest point of the year. Although the market may face volatility in the short term, in the long term, the development of the Ethereum ecosystem still has broad prospects. The market should remain optimistic and pay attention to the development of areas such as DeFi and BRC 20.