According to Odaily, Swell has released its project-related data for the week of May 14 to May 21. The data shows a significant increase in Total Value Locked (TVL), which rose by 26% to reach $2.76 billion.
In addition, the pre-deposits in Swell L2 exceeded $1.64 billion. The platform also reported a substantial amount of Ethereum (ETH) being staked and re-staked, reaching a total of 309,591 ETH.
These figures indicate a strong performance by Swell on the X platform, demonstrating a robust growth trend in its operations. The increase in TVL and the high level of pre-deposits in Swell L2 suggest a growing trust and participation from the users.
The substantial amount of ETH staked and re-staked also indicates a high level of activity on the platform, further reinforcing the positive growth trend. However, it's important to note that these figures are subject to market fluctuations and other external factors.