Polter Finance TVL Jumps 261% in a Week
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Johny Smith
2024/09/13
3 mins read
Based on the data provided by IntoTheBlock, we can conclude that there has been a significant increase in interest in several projects in the decentralized finance sector. According to statistics, projects in the top 10 by TVL (Total Value Locked) growth over the past 7 days are showing impressive growth rates.
Polter Finance topped the list with a 261% increase, with its TVL rising to $13.6 million. COREx Network came in second with a 107% increase and a total of $10.2 million. Both startups saw strong interest from investors and users, which could indicate new features or successful partnerships.
Aera registered a 70.2% increase, with its TVL rising to $42.7 million, confirming the growing popularity of its product. Pell Network and Symbiotic also saw significant increases in protocol funds locked, at 65.4% and 63.2%, respectively, increasing their TVL to $315 million and $1.65 billion.
It is worth noting separately the growth of Jupiter TVL by 56.5% to $1.07 billion and an excellent result on the decentralized forecast market Polymarket. The amount of frozen assets increased by 31.5% to $98 million.
It is important to note that such high growth rates can be attributed to new product launches, ecosystem updates, new partners, or successful marketing campaigns. Given current trends, it can be expected that projects that demonstrate a stable increase in TVL will continue to attract the attention of investors and users, strengthening their positions.
Given the overall growth in popularity of Web3 projects, these figures may indicate a growing interest in decentralized finance and blockchain technologies in general. This may indicate a wider adoption of cryptocurrency solutions in the near future.
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