Ethereum TVL Closes in on ATH, Driven by DeFi Growth

Ethereum’s Total Value Locked (TVL) is inching closer to its all-time high (ATH), hovering just 16% away. This remarkable surge reflects a thriving DeFi ecosystem and growing confidence in the Ethereum network. The rise in TVL, often indicative of increased user activity and investment interest, is fueled by robust activity on lending platforms, DEXs, and liquid staking protocols like Lido, Aave, and Uniswap.