Ethereum Records New 52-week High In Its Total Value Locked (TVL)!

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The largest altcoin by market capitalization has witnessed impressive growth this month. Reportedly, the Ethereum chain has achieved a new 52-week high in its TVL. On 28th November, the Total Value Locked of the ETH ecosystem recorded a high of $69.533 billion. This has resulted in it recording a 31-month high. Notably, the Ethereum ecosystem had a TVL greater than $70 billion for the last time on 29th April 2022. The Ethereum TVL has surged 43.281% this month alone and 131.386% this year from $30.051 billion to $69.533 billion.