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TVL

Is money moving from Ethereum to Solana?Solana quoted in Ether is in a decisive region. It has already broken the 2021 high, but it is necessary to be aware of a possible bull trap. It is interesting to note that Solana's TVL¹ is still 9% of Ethereum . We obtain this number by dividing the TVL's. So the chart shows a break above the 2021 all-time high, when it was 8.64%: However, in the USD quote, the price is in a turbulent region; there may be false breakouts up or down. ¹ Total Value Locked: total value of assets that are locked in a DeFi protocol through smart contracts
by andre_007
1
TVL Growth Adjusted to Token PriceTVL - Total Value Locked - is an important indicator of the healthiness of on-chain activity. The chart shows the TVL adjusted by the native token for different chains. This allows us to track the TVL growth normalized by the price appreciation, isolating how much the TVL comes from net new inflows rather than price appreciation. When the TVL Growth Adjusted to Token Price is positive, it's a bullish sign for that crypto or chain. For June, these are the winners: Arbitrum: +40% Polygon: +11% Total TVL/Crypto Mcap: +6.8% TON: 2.1% Avalanche: -1.7%
BITSTAMP:ETHUSDLong
by HenriqueCentieiro
Solana Surges to 25-Month High: A Beacon in the Crypto RealmSolana ( CRYPTOCAP:SOL ) has emerged as a shining star, reaching a 25-month high and captivating the attention of institutional investors and traders alike. This surge in Solana's price has ignited discussions about potential market rallies and reaffirmed its position as a frontrunner in the digital asset space. Amidst a backdrop of market turbulence, Solana ( CRYPTOCAP:SOL ) has demonstrated remarkable resilience, posting a 7% rally while other cryptocurrencies falter. This resilience not only underscores Solana's ( CRYPTOCAP:SOL ) growing dominance but also reflects investor confidence in its underlying technology and long-term potential. A significant catalyst behind Solana's recent surge is its integration with Binance's Web3 Wallet, facilitating seamless interaction with decentralized applications (dApps) and simplifying token management within its ecosystem. With easier access to Solana-based dApps like Drift and Dual Finance, Binance's integration is poised to drive adoption and enhance usability, further bolstering Solana's appeal to investors. Presently, Solana ( CRYPTOCAP:SOL ) boasts impressive metrics, with nearly $4 billion in Total Value Locked (TVL) and a stablecoins market cap of $2.6 billion. These metrics underscore the mainstream adoption of web3 projects and digital assets, solidifying Solana's position as a prominent player in the crypto landscape. The introduction of BILS, an Israeli Shekel-backed stablecoin, on the Solana blockchain has attracted investor interest, showcasing the platform's ability to pioneer innovative financial solutions within a regulatory framework. This initiative highlights Solana's attractiveness to projects and partnerships that contribute to its ecosystem's growth and development. Despite reaching new highs, caution is advised as Solana's Relative Strength Index (RSI) stands at 85.50, indicating potential overbought conditions and the possibility of a reversal. Traders are urged to exercise prudence and implement risk management strategies to navigate market volatility effectively. Nevertheless, Solana's ( CRYPTOCAP:SOL ) recent surge to $181, accompanied by a surge in trade volume to $11.57 billion, reflects growing investor confidence in the cryptocurrency. As Solana ( CRYPTOCAP:SOL ) continues to strengthen its ecosystem and attract investment, it remains well-positioned for sustained growth and long-term success in the ever-evolving crypto landscape.
COINBASE:SOLUSDLong
by DEXWireNews
1
Solana Surges to 25-Month High: A Beacon in the Crypto RealmSolana ( CRYPTOCAP:SOL ) has emerged as a shining star, reaching a 25-month high and captivating the attention of institutional investors and traders alike. This surge in Solana's price has ignited discussions about potential market rallies and reaffirmed its position as a frontrunner in the digital asset space. Amidst a backdrop of market turbulence, Solana ( CRYPTOCAP:SOL ) has demonstrated remarkable resilience, posting a 7% rally while other cryptocurrencies falter. This resilience not only underscores Solana's ( CRYPTOCAP:SOL ) growing dominance but also reflects investor confidence in its underlying technology and long-term potential. A significant catalyst behind Solana's recent surge is its integration with Binance's Web3 Wallet, facilitating seamless interaction with decentralized applications (dApps) and simplifying token management within its ecosystem. With easier access to Solana-based dApps like Drift and Dual Finance, Binance's integration is poised to drive adoption and enhance usability, further bolstering Solana's appeal to investors. Presently, Solana ( CRYPTOCAP:SOL ) boasts impressive metrics, with nearly $4 billion in Total Value Locked (TVL) and a stablecoins market cap of $2.6 billion. These metrics underscore the mainstream adoption of web3 projects and digital assets, solidifying Solana's position as a prominent player in the crypto landscape. The introduction of BILS, an Israeli Shekel-backed stablecoin, on the Solana blockchain has attracted investor interest, showcasing the platform's ability to pioneer innovative financial solutions within a regulatory framework. This initiative highlights Solana's attractiveness to projects and partnerships that contribute to its ecosystem's growth and development. Despite reaching new highs, caution is advised as Solana's Relative Strength Index (RSI) stands at 85.50, indicating potential overbought conditions and the possibility of a reversal. Traders are urged to exercise prudence and implement risk management strategies to navigate market volatility effectively. Nevertheless, Solana's ( CRYPTOCAP:SOL ) recent surge to $181, accompanied by a surge in trade volume to $11.57 billion, reflects growing investor confidence in the cryptocurrency. As Solana ( CRYPTOCAP:SOL ) continues to strengthen its ecosystem and attract investment, it remains well-positioned for sustained growth and long-term success in the ever-evolving crypto landscape.
COINBASE:SOLUSDLong
by DEXWireNews
Lido Finance ($LDO) Staking Hits $38.7 BillionThe decentralized finance (DeFi) ecosystem is experiencing a renaissance, marked by a monumental achievement: a total value locked (TVL) surpassing $100 billion, spearheaded by Lido Finance ( MIL:LDO ) staking hitting $38.7 billion. Amidst rising Bitcoin interest and crypto market optimism, this milestone signals a significant comeback for DeFi, albeit still below its previous all-time high. The DeFi TVL Surge: DefiLlama's latest data reveal a global DeFi TVL of $100.1 billion, showcasing a resurgence after nearly two years. Lido's liquid staking protocol emerges as the frontrunner, with $38.7 billion locked on-chain, highlighting its dominance within the DeFi landscape. Other players like EigenLayer and AAVE also contribute substantially to the overall value, underscoring the sector's diversification and growth. Influence of Key Factors: The resurgence in DeFi is attributed to various factors, including the introduction of spot Bitcoin ETFs, driving market optimism and institutional demand. Bitcoin's recent surge to new all-time highs, breaching $70,000, further fuels capital flow into DeFi protocols. Concurrently, crypto exchanges witness increased activity, showcasing expanding interest and involvement in the cryptocurrency market. Impact on the Crypto Ecosystem: The DeFi sector's resurgence mirrors the broader revival of the cryptocurrency market. The memecoin boom, inspired by Bitcoin's gains, reflects changing investor sentiment and the speculative nature of the industry. While hurdles persist in surpassing the previous TVL record, the sector's momentum indicates continuous innovation and expansion, attracting more users and capital. Looking Ahead: The recovery and growth of the DeFi sector are not only pivotal for its proponents but also for the entire cryptocurrency market. They underscore the attractiveness and potential of decentralized financial services, shaping the future landscape of finance. Conclusion: As DeFi reaches new heights, led by Lido Finance and a burgeoning TVL, the sector's resilience and innovation come to the fore. With optimism abound and institutional interest on the rise, the DeFi resurgence signifies a transformative era in finance, heralding a decentralized future for global markets.
COINBASE:LDOUSDLong
by DEXWireNews
4
An Opportunity for Buyers as DEX Volume Skyrockets Fuel Growth Are you ready to ride the wave of Solana's remarkable resurgence in the world of decentralized finance (DeFi)? Recent developments on the Solana network paint a compelling picture for potential investors, signaling a golden opportunity to capitalize on the platform's thriving ecosystem. 1. Explosive Growth in DEX Volume: Solana's largest decentralized exchanges have witnessed an astounding tenfold increase in liquidity since October 17. According to Dune Analytics and DeFiLlama data, December's decentralized exchange (DEX) volume on Solana has surpassed the previous monthly high, nearly tripling the figures from November. This surge comes hot on the heels of two substantial airdrops, with another one looming on the horizon. 2. Closing the Gap with Ethereum: Solana, once seen as a distant contender, is now narrowing the gap with DeFi's mainstay, Ethereum. December saw Solana's DEXs outpacing Ethereum's in certain week-long periods, a significant feat considering Ethereum's historical dominance. In the past seven days alone, Solana's DEX volume surged by 26% to approximately $5.8 billion, positioning itself as a formidable player alongside Ethereum. 3. Airdrops as Catalysts for Growth: The recent success of Solana's DeFi can be attributed in part to sizable token airdrops from prominent protocols like Pyth and Jito. These airdrops, amounting to millions of dollars, injected vitality into the ecosystem, resembling DeFi's equivalent of stimulus checks. Jito, in particular, faced challenges from sybil abusers, leading to the implementation of robust anti-sybil measures to ensure fair distribution. 4. Jupiter Aggregator's Role: A significant portion of Solana's recent DEX trading volume flowed through the Jupiter aggregator, emphasizing its crucial role in optimizing prices with minimal slippage. Notably, Jupiter has announced its plans to launch its token, with 40% earmarked for a community airdrop. This move aligns with a proven strategy, as seen in Ethereum's DEX volume growth following a Uniswap airdrop in September 2020. 5. Liquid Staking and Recent Developments: While DEX interest soared, liquid staking on Solana experienced a temporary slowdown. A Dune Analytics dashboard indicates a slight decrease in the total amount of Solana staked in the past week. Jito, the second-largest liquid staking protocol, witnessed five straight days of cumulative outflows, suggesting a shift in investor behavior. In conclusion, Solana's DeFi ecosystem is not only rebounding but thriving, presenting a compelling opportunity for potential buyers. The combination of surging DEX volume, successful airdrops, and strategic initiatives like the Jupiter aggregator and upcoming token launch makes Solana a dynamic force in the ever-evolving world of decentralized finance.
COINBASE:SOLUSDLong
by DEXWireNews
Solana (SOL) Price Tanks 7% Amid FTX Cold Wallet TransfersSolana's price, though correcting, remains above crucial support at $59. We anticipate a swift recovery, pushing SOL to surpass $70. Amidst a period of mild consolidation across the wider cryptocurrency market, Solana (SOL), a prominent competitor to Ethereum Layer-1, is undergoing a notable price correction today. As of the latest update, the Solana (SOL) price has experienced a 7% decline, currently trading at $60.32, with a market capitalization of $25.5 billion. Why Is Solana Price Down? Solana has witnessed a massive price rally over the past month and so, becoming the sixth-largest cryptocurrency by market cap. The recent SOL price drop also coincides with a massive transfer taking place through an FTX cold wallet. In a recent development reported by Lookonchain, an address closely associated with the FTX cold wallet, identified as 4Axqyo…HswTAh, unstaked a significant amount of 1.5 million SOL (equivalent to approximately $90 million) today at 7:55 UTC+8. The entirety of this unstaked amount was subsequently transferred to the address 3vxheE5…5mgkom. According to Lookonchain, there is speculation that the receiving address, 3vxheE5…5mgkom, may be linked to Coinbase’s internal address. As we know, crypto exchange FTX has been holding a massive amount of Solana before its bankruptcy filing last week. Now, the exchange has been liquidating its holdings in order to repay the creditors. However, this hasn’t deterred Solana investors from embarking on a bullish price rally. SOL Price Action and DeFi TVL In the latest market update, SOL is currently quoted at $60.10, registering a 6.87% decline in the past 24 hours. Despite this minor setback, SOL has demonstrated resilience over the week, marking a 12.23% increase, and an impressive 46.84% surge over the last 30 days. Recent market dynamics reveal an unsuccessful attempt by the SOL price to breach the $65.3 mark. Moreover, the asset has recently dipped below the critical support level of $62.5. Analysts suggest that a potential bullish scenario could materialize if the price successfully breaks above $63.4, paving the way for a retest of the $65.3 resistance level. In the event of a bullish breakthrough, market observers anticipate a potential ascent towards the $79.1 level. Conversely, a dip below the $59 level could signal a downward trajectory, potentially testing the support level at $56.4. Investors and analysts are closely monitoring these key levels for potential market shifts. Cryptocurrency analyst Ali Martinez warns of potential correction for Solana! TD Sequential signals sell on CRYPTOCAP:SOL weekly chart, and RSI is overbought. A profit-taking surge could lead to a retracement to $47.6. SOL needs a weekly close above $68.4 to counter the bearish outlook, targeting $108. Moreover, Solana, renowned for its exceptional throughput and scalability, is making waves in the decentralized finance (DeFi) realm. The recent surge in Total Value Locked (TVL) to an impressive $655 million showcases Solana’s growing influence and confidence within the DeFi sector. This milestone not only reflects numerical success but also highlights Solana’s emergence as a formidable player in decentralized finance. While DefiLlama’s October statistics placed Solana’s TVL at around $326 million, a recent update reveals a remarkable doubling to over $655 million, marking the highest TVL in over a year and signaling robust and sustained growth.
COINBASE:SOLUSDLong
by DEXWireNews
Decoding DeFi MetricsIn Decentralized Finance (DeFi), deciphering the wealth of new projects can be akin to navigating uncharted waters. However, amidst the chaos, fundamental analysis stands as a beacon, guiding investors and traders towards discerning the true value of DeFi assets. 1. Total Value Locked (TVL): TVL, the sum of funds nestled within a DeFi protocol, provides a vital glimpse into market interest. Whether measured in ETH or USD, it illuminates a protocol's market saturation and investor confidence. 2. Price-to-Sales Ratio (P/S Ratio): In DeFi, just like traditional businesses, evaluating a protocol's value against its revenue stream offers a unique perspective. A lower P/S ratio suggests undervaluation, indicating a potential investment opportunity. 3. Token Supply on Exchanges: Monitoring tokens on centralized exchanges unveils market dynamics. While a surplus may hint at sell-offs, complexities arise due to collateralized holdings, necessitating nuanced analysis. 4. Token Balance Changes on Exchanges: Sudden shifts in token balances on exchanges signal imminent volatility. Large withdrawals hint at strategic accumulation, underscoring the importance of tracking market movements. 5. Unique Address Count: More addresses usually imply widespread adoption. But beware! This metric can be deceptive. Cross-reference with other data for a clearer picture. 6. Non-Speculative Usage: A token's utility is paramount. Assess its purpose beyond speculation. Transactions occurring outside exchanges signify genuine use, a testament to its value. 7. Inflation Rate: While scarcity is a virtue, a token's inflation rate demands attention. Striking a balance between supply growth and value preservation is crucial, emphasizing the need for a holistic evaluation approach. In the intricate DeFi landscape, these metrics serve as the foundations of strategic decision-making. Each data point unravels a layer of complexity, empowering investors to make astute choices. As you delve into the world of decentralized finance, armed with these insights thrive in the boundless universe of DeFi possibilities! 🚀💡
Education
by Vestinda
1
BTC Versus ETH Total Value LockedThe TVL or "Total Value Locked" indicator is great It is the total value locked in the DeFi staking protocols and represents the amount of assets deposited by the liquidity providers Despite the almost recent Change of Direction for ETH, it is still WAY behind the King of the Pack The Real problem we have with ETH now though is the ability for a Corporation to continue to buy ETH in such quanaties as to have a "majority share", as we currently see with LIDO What is Lido Liquid staking project Lido beat major crypto exchanges Coinbase, Kraken, and Binance as the biggest staking pool for Ethereum in 2022. Bitcoin, However - PURE AS THE DRIVEN SNOW BUY BITCOIN The EMA colour codes are light Blue -20 Red - 50 darker BLue 100 Yellow 200 Could ETH be about to suffer a rejection ?? THATS the purpose of this post.....Watch this..It is very telling about Price direction
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by Orriginal
DefiLlama: Total Value Locked by Protocols"Exchange is not your wallet". "Not your keys, not your coins" Despite the strong turmoil due to the FTX crash, DeFi dApps (Decentralized Finance applications that run on blockchains) remain intact, at least for the most part. And given this bad context of the crypto market, it is worth noting that Dexes (decentralized exchanges) and Landing Protocols have proven to be much more resilient and secure than centralized exchanges, since the former have a more open administration and a source code that can be accessed and audited. On the other hand, centralized exchanges are a black box, and at this delicate moment, there are doubts if they really have enough balance to honor all withdrawals. DefiLlama TVL (Total Value Locked) The graph presented here shows the monetary values ​​locked in the main dApps, also called protocols. What the graph indicates is that the DeFi ecosystem remains intact, and so far the application that has suffered the most withdrawals and losses has been Mango Markets, which runs on the Solana blockchain. Due to the Alameda/FTX contamination, some Solana dApps may suffer more. The worst case scenario in case of eviction According to DefiLlama, the total amount locked in DeFi is $76.13b. Doing a very quick baker's account with approximate values: + Total TVL: $76,000,000,000.00 - FTX Leak: $10,000,000,000.00 - Investments by Alameda/FTX in Solana and some dApps: $6,031,139,675.00 ------------------------------- = $59,968,860,325,000 (-21%) So, if the market drops more, we could have a drop of another 21%, distributed among these protocols. But, again, this is just a quick calculation and could be wrong, and it is not investment advice. Final word This will be a time of consolidation, in which ecosystems with solid governance will prove their worth and emerge from this crisis even stronger.
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by andre_007
DefiLlama: Total Value Locked in Blockchainsℹ️ This is a complementary study of the idea below, where I analyzed the TVL of the main dApps: Basically, here's a more macro view of DeFi ecosystems. Making a very crude analogy, dApps would be like the banks of the physical world, while blockchains would be the cities/countries where these banks reside. Total Value Locked in Blochchains Ethereum continues to reign isolated in the lead. Binance Smart Chain follows in second place, followed by Tron, AVAX, Matic, Optimism, Cronos, Solana, FTM, among others. Last on this list are Ethereum Classic and Ethereum PoW. The chart still does not show Solana's decrease, which is currently at $656.23m. I believe it is due to a delay. That's a 24% drop from the previous day. Now it remains to see the scenes of the next chapters.
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by andre_007
SOLANA undervalue areas for buyHi guys. solana ecosystem record a high TVL in past month and have a potential to grow in coming months. but we are in a downtrend now and altcoins loss their marketcap in this cycle. after SOL reach strong resistance in 45$ react and go down again and cant support in 40 support level. so we reach under this level and we have a good support in around 35$. i think we will see a strong support in this level and a good area FOR BUY ONE STEP. after that if we see demand signs we could buy another step or if not we buy a step in lower prices like 28 or 25$. remember the ecosystem TVL growing and have a good potential too pump up after FOMC place its interest rate and market eat it :)
Short
by TraderAmin-KZ
Avalanche (AVAX) Big Resistance at $100Avalanche (AVAX) like most of the market has been in a slow steady downtrend since November of year. Since then Avalanche has been struggling getting back past $100 and has been trading under the 0.5 Fibonacci level between $60 - $95 since the beginning of this year so far. In terms of Total Value Locked (TVL) in DeFi Avalanche ranks 5th with a total of $11.22 Billion locked. Despite the market crash and volatility Avalanche has held over $10 Billion in DeFi locked since November 2021 and has remained pretty steady. There's a huge resistance for Avalanche at $100 and even though we've had some relief we're still not quite out of this downtrend for Avalanche until we can break past $100. Much peace, love, health, and wealth!
COINBASE:AVAXUSDLong
by peacefuljustin
9 Month Accumulation Ends in a WeekThe highest volume happened at around the $3.2 mark. We could go there again before the fib time zones show us a big move is imminent in the next week. Trend based Fib from the first mega candle from $5 to $30 to the lows at $0.30 shows that the golden pocket is around the start of the double digits. Get ready, 9 month accumulations on a coin that has a higher TVL than Uniswap now but is still 20x from the same Market Cap/TVL Ratio as Uniswap will most likely have a crazy violent breakout. Viewer Discretion is Advised, the following material is for Mature audiences Only
Long
by Danimal69
6