Citi: Ethereum underperforms, but Ethereum TVL is rising
Citibank (C) stated in a research report on Monday that ETH has performed poorly so far this year, falling more than 20%, but fundamentals are improving and the total locked value (TVL) on the Ethereum blockchain has increased significantly. Citibank pointed out that the TVL on the Ethereum network has risen significantly, while Ethereum exchange-traded funds (ETFs) are still flowing in and search interest is also increasing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Bitget Spot Margin Announcement on Suspension of MAVIA/USDT, BADGER/USDT, BAN/USDT, PONKE/USDT, FLOCK/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
