to grow

According to data provided by Defi Llama, the global defi TVL rose by roughly $2 billion in the past 24 hours, reaching $55.34 billion. Per the data aggregator, the 24-hour defi trading volume hovers around $2.6 billion with decentralized exchanges dominating the volume by 11.9%.The Ethereum blockchain has a $29.7 billion share of the total defi TVL after registering a $1 billion increase in just 24 hours. Tron took the second spot with $8.4 billion in TVL.It is important to note that Solana’s TVL has registered massive gains since the start of the bull market trend in November 2022. Per Defi Llama, Solana’s defi TVL surged from around $670 million on Dec. 1, to $1.5 billion in early January.

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