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Sei price bottoms as DeFi TVL hits ATH despite the crypto crash

Sei’s price has been in a strong downward trend over the past few months, but technical and fundamental indicators suggest that a rebound may be possible. Sei (SEI), a layer-1 token, dropped to a low of $0.1722 this week, down over 70% from its highest level in December. According to DeFi Llama, Sei’s decentralized finance … Read more

Solana Loses Over $5B in TVL Since ATH

Solana gained nearly 6% on Friday, rallying alongside Bitcoin, as the largest cryptocurrency regains $80,000 as support. However, the total value of assets locked in the Solana chain is down $5.26 billion from its peak, a nearly 50% drop. TVL represents demand and relevance for a chain, meaning Solana is negatively affected by the shifting … Read more

Toncoin (TON) User Count Growing But DeFi TVL Dropping: What’s Going On?

Toncoin was flying high in the first half of 2024, driven by the rise of Hamster Kombat, Notcoin, and other tap-to-earn ecosystems. TON prices pumped, rising from roughly $2 in early 2024 to $8 by June 2024. This rising valuation pushed the coin into the top 10 as FOMO kicked in, making it one of … Read more

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