How should you interpret changes in TVL? Take Starknet Bridge at $STRK as an example:
Over 24 hours, the amount locked rose from $362 million to $520 million (+43.58%).
I’d check two things: first, whether this trend can continue for several days. Big swings over a day or two often come from one-off deposits or withdrawals by a few whales. Second, whether protocol revenue and user numbers are rising as well. Bullish or bearish?
#STRK
Over 24 hours, the amount locked rose from $362 million to $520 million (+43.58%).
I’d check two things: first, whether this trend can continue for several days. Big swings over a day or two often come from one-off deposits or withdrawals by a few whales. Second, whether protocol revenue and user numbers are rising as well. Bullish or bearish?
#STRK