๐ Hey crypto friends! Base Network's TVL (Total Locked Value) took a massive dive, dropping 16.92% to $445 million in just one week. This decline allowed zkSync Era to come out ahead with a TVL of $477 million. ๐
๐ฒ This huge drop in Base's TVL is attributed to the massive burning of Base USDC on September 29th. However, Base made a rapid recovery and overtook Solana within a month with a TVL of around $400 million. ๐
๐ DeFi Llama reports focus on the TVL competition between Base and Solana. While Solana's TVL decreased by 9.64% to $358.96 million, Base's TVL surpassed Solana by increasing by 97.21%. ๐
๐ Additionally, platforms such as Aerodrome Finance and Friend.tech also attract attention. With TVLs of $97.83 million and $36.53 million respectively, these new platforms demonstrate the interest and growth in the crypto space. ๐
๐ฌ So what do you think? Share your thoughts about the competition between Base and Solana and the performance of other platforms in the comments! ๐๐#crypto#DeFi#BaseNetwork#Solana
๐ฒ This huge drop in Base's TVL is attributed to the massive burning of Base USDC on September 29th. However, Base made a rapid recovery and overtook Solana within a month with a TVL of around $400 million. ๐
๐ DeFi Llama reports focus on the TVL competition between Base and Solana. While Solana's TVL decreased by 9.64% to $358.96 million, Base's TVL surpassed Solana by increasing by 97.21%. ๐
๐ Additionally, platforms such as Aerodrome Finance and Friend.tech also attract attention. With TVLs of $97.83 million and $36.53 million respectively, these new platforms demonstrate the interest and growth in the crypto space. ๐
๐ฌ So what do you think? Share your thoughts about the competition between Base and Solana and the performance of other platforms in the comments! ๐๐#crypto#DeFi#BaseNetwork#Solana