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Ethereum's price surged, hitting milestones of $3,500, $3,600, $3,700, and $3,800 within days. EigenLayer's TVL increased tenfold to $10 billion, becoming the second-largest DeFi project. Liquid restaking protocols contributed to the TVL surge.
DEFI TVL SURPASSES $100 BILLION AFTER NEARLY TWO YEARS Lending contributed $32.62B, decentralized exchanges $19.97B, collateralized debt positions $12.22B, and restaking activities $10.06B. The last time DeFi TVL exceeded $100B was on May 11, 2022. Source: The Block https://t.co/3qTFJqPvmv
LATEST: $ETH swiftly recovered from the lows of yesterday. The price is now back above $3.7k. https://t.co/ud6Sm4MhO3
eth back with a vengence