Metis network TVL exceeds US$700 million, surpassing Base to become the third largest Ethereum Layer 2
According to L2BEAT data, possibly influenced by the rise in cryptocurrency prices, Metis Andromeda Network's TVL has surpassed $700 million, overtaking Base to become the third-largest Ethereum Layer 2.
Metis network TVL increased by 560% on the 7th, and the gap with Base network TVL was less than 1 million US dollars
According to L2BEAT data on December 27th, Metis Andromeda Network's TVL reached 695 million US dollars, with a 7-day increase of 560%, possibly due to the rise in cryptocurrency prices. It currently ranks third in Ethereum Layer 2 Network TVL, with a difference of less than 1 million US dollars from the third-ranked Base Network TVL (696 million US dollars).
METIS rose above $90, with an intraday increase of 20.8%
According to OKX market data on December 27th, METIS broke through $90 and is currently priced at $90.7, with a daily increase of 20.8% and a 4-day increase of 155%. This news was reported by BlockBeats.
Metis TVL rises to $570 million, surpassing zkSync Era to rank fourth
According to L2BEAT data on December 26th, the total value locked (TVL) on the Ethereum Layer 2 network Metis rose to $570 million, with a 7-day increase of 419.21%, surpassing zkSync Era ($568 million) to rank fourth.
METIS briefly broke through 53 USDT, with a 24-hour increase of 39.74%
According to the European OKX market, METIS has recently broken through 53 USDT, with a highest increase to 53.3 USDT, and is currently priced at 53.27 USDT, with a 24-hour increase of 39.74%, reaching a new high in recent days.
Metis TVL climbed to US$400 million, rising more than 300% on the 7th
According to L2BEAT data on December 25th, the total value locked (TVL) of Ethereum Layer 2 network Metis rose to $400 million, with a 7-day increase of 312.47%.
MetisDAO launches US$100 million ecosystem development fund
MetisDAO, a scaling solution for Ethereum, announced that its development organization, MetisDAO Foundation, has created a fund of about 100 million US dollars to accelerate the growth of its ecosystem. The fund is called the Metis Ecosystem Development Fund and will allocate 4.6 million METIS tokens for sequencer mining, traceability funds, deployment of new projects, and other efforts.
