Ether Staking Demand Remains Unfazed as EigenLayer 100K ETH Cap Limit Filled Within Hours

EigenLayer, a DeFi platform, experienced a significant increase in total value locked (TVL) of 207% after raising its liquid restaking cap to 100,000 ETH, resulting in a rise from $78 million to $238 million in TVL.

coindesk.com

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8/23/2023

DeFi is bleeding: Ethereum, Solana, and Cardano are losing TVL

The decentralized finance (DeFi) landscape is experiencing a significant loss of Total Value Locked (TVL) across major blockchain networks, including Ethereum, Solana, and Cardano, causing unease in the crypto market, while the Base blockchain network shows unexpected growth in TVL.