The DeFi sector is witnessing significant growth, with Pendle and Base leading the charge in total value locked (TVL). Pendle's TVL has soared to $4.6 billion, marking a monumental increase from $127M, and its market cap has crossed $1.3 billion. This surge has positioned Pendle as the 9th biggest DeFi protocol by TVL, with its token value up by approximately 600%. Concurrently, Base, a layer 2 network associated with Ethereum, has also reached a TVL of $4 billion. This growth is attributed to a spike in daily transactions, surpassing those of Ethereum and Arbitrum over 30 days, making Base the third-largest layer 2 network. The rise in Base's activity, which handles more than 3 million daily transactions with significantly low fees, is partly due to the absence of its own token and the use of ETH for transaction fees.
🚀 .@Base, @Coinbase's layer 2 network, reached a record $4 billion in TVL. It's now the third largest @Ethereum scaling solution (after @arbitrum and @Optimism Mainnet.) ✍️ by @tikta_ https://t.co/Qx1cJc5AZB
Base TVL Hits $4 Billion as Transactions Per Second Surpass Ethereum Base is now the third-largest layer 2 network, after Arbitrum One and OP Mainnet, with $4.17 billion in Total Value Locked. 🚀 Read more: https://t.co/kZ2AZMKaOi https://t.co/ZuHSILXxUN
ETH is money.
🗞️ Crypto News Base has experienced a remarkable surge in its total value locked (TVL). 🔗 https://t.co/UlVjITpeXC #CryptoNews
🌟 @pendle_fi is hitting a new all-time high in total value locked (TVL) almost daily, now reaching a TVL of $4.6B. https://t.co/GRjOoBb5xS
Daily transactions on Base are exploding! Important to note: Base doesn't have an own token, and the team (Coinbase) said they don't have the intention to create it Fees on Base are paid for in $ETH. The price of $ETH going up might have to do with base activity going up hard https://t.co/wJpjsprxM4
there’s something magical happening with Ethereum
ethereum ahhhhhhhhhhhhhhhh
Base outpaces Ethereum and Arbitrum in transaction volume, cementing its place as the number 1 layer 2 for #Ethereum https://t.co/8o7nIImayj
Base’s TVL has swelled to $4 billion on memecoin mania, with 30-day transactions beating Ethereum and Arbitrum. https://t.co/cK2psHScPr
Base is Ethereum and Ethereum is Base https://t.co/rkAETOX54U
Base is Ethereum
Base just crossed $4 Billion TVL 🔥 https://t.co/w1Iycelpqu
🔥 @Base just reached $4B in TVL - a new all time high‼️ 📈 And we're just getting started! Cheers 🍻 https://t.co/Q7WtlcWUjy
Ethereum https://t.co/3n3X6wnKzA
Absolutely fantastic start of the month for @base, as daily transactions are surging to new all-time highs while fees are dropping towards all-time lows. Today more than 3M daily transactions are being handled by the network with an average transaction fee, including priority… https://t.co/gD2DXB5KQf
#Ethereum fixes this https://t.co/r0fIQu3cYi
Also Ethereum
Yes I have abandoned Ethereum despite supporting it in the past. Yes Ethereum has abandoned its users despite supporting them in the past. The idea of sitting around jerking off watching TVL grow on L2s with sub-cent transactions and concocting additional ways to scale, while…
Ethereum.
You're not on Ethereum because you trust the EF, Vitalik, or its users. You’re here because Ethereum eliminates the need for trust. Even if the core devs and validators turn rogue, Ethereum will persist and thrive. To bring Ethereum to the masses, L2s must also eliminate trust.…
So Ethereum it is. Got it https://t.co/bFp5VyQlXN
Pendle have now gone from $127M to $4B TVL since this tweet. They are now the 9th biggest DeFi protocol by TVL 🤯 And $PENDLE is up about 600%. https://t.co/vzrmbWIiqK https://t.co/y4QlJnAn3g
The cure for Ethereum maximalism😂 https://t.co/pvJZFNmWUf
$PENDLE HITS $4 BILLION TVL AS MARKET CAP CROSSES $1.3 BILLION - According to the project’s own dashboard, @Pendle_Fi has reached a staggering $4 billion in total-value locked. - Only 2 days ago, the $PENDLE token itself crested an all-time high market cap of more than $1.3… https://t.co/45bMPm2vmc https://t.co/ZC5cnZsmor