Ethereum remains locked the dominant blockchain network with the highest total value (TVL) of $ 121.26 billion, despite a daily decrease of 0.71% and a decrease of 11.85% in the past month. The network supports 1,418 protocols, considerably more than its competitors, and maintains a market capitalization of $ 329.19 billion, resulting in a market capitalization-to-TVVratio of 2.7.
Tron (TRX) is retained the second highest TVL at $ 8.34 billion, which shows relative stability with just a decrease in the day of 0.21%. However, the network has witnessed a decrease of 9.12% in the past week and a decrease of 27.53% in the past month, which marks a considerable downward trend. The market capitalization of Tron is $ 20.86 billion, which means it has a market capital-to-TV ratio of 4.0.
Snap | Source: Coinmarket data
Solana, BSC fluctuating as arbitrum, avalanche Diverge
Solana (SOL) has a TVL of $ 6.28 billion, making it the third largest blockchain due to this metric. The network saw a daily decrease of 0.31% and a weekly decrease of 11.13%, with a decrease of 26.94% compared to the past month. The market capitalization of Solana is $ 83.25 billion, which results in a market capitalization-to-TVar ratio of 4.88.
Binance Smart Chain (BSC) follows closely and records a TVL of $ 6.05 billion. Although BSC suffered a decrease of 0.96%, it showed an increase of 0.97%last week, but was still confronted with a monthly fall of 3.31%. The network has a market capitalization of $ 93.16 billion, with a market capitalization-to-TVVratio of 12.88, which reflects its strong appreciation compared to locked assets.
Under Layer-2 Solutions, Arbitrum (ARB) registered a TVL of $ 3.41 billion, with a daily fall of 0.67% but a weekly profit of 1.09%. In the past month it had a decrease of 4.46%. The market capitalization of arbitrum is $ 2.12 billion, resulting in a market capitalization-to-TV var of 0.64, indicating that the valuation is relatively low compared to the locked assets.
Avalanche (Avax), on the other hand, saw a daily decrease of 0.90%, a weekly decrease of 2.72% and a monthly decrease of 15.41% in TVL, which yielded the total to $ 1.27 billion. The market capitalization of the network is $ 9.96 billion, with a market capital-TVar ratio of 6.4.
Polygon, Base, Sui, Optimism See TVL Redalen
Polygon (Pol) has a TVL of $ 1.12 billion, with a daily decrease of 0.37% but a weekly increase of 1.37%. Despite the short -term recovery, it will continue to fall by 13.36% in the past month. Polygon market capitalization is $ 2.6 billion, with a market capitalization-to-TVar ratio of 3.06. Base, Coinbase’s Layer-2 network, currently has a TV of $ 881.16 million, with a daily fall of 0.53% and a weekly increase of 0.62%. The platform continues to show gradual acceptance, but lacks a reported market capitalization.
Sui (sui) has seen one of the steepest TV fall and dropped by 9.21% and 27.81% in the past month to $ 829.08 million in the past month. The market capitalization of Sui is $ 10.04 billion, leading to a market capitalization-to-TV ratio of 5.16. Optimism (OP) saw a daily fall of 1.14%, a weekly increase of 0.21% and a monthly decrease of 11.56% in TVL, which resulted in the total to $ 815.82 million. Market capitalization is $ 1.86 billion, resulting in a market capitalization-to-TVVar of 2.48.
The market remains in a state of Flux, where Ethereum maintains dominance, while Layer-1 and Layer-2 networks experience different levels of capital intake and outflow. Market hood-to-TV ratios suggest valuation differences between networks, in which some block chains seem to be overvalued with regard to locked assets, while others, such as arbitrum, have lower valuations compared to TVL. Investors and analysts will closely follow the liquidity trends, protocol developments and macro -economic conditions to measure the future trajectory of this blockchain ecosystems.