Matrixport: BSC's TVL has fallen to $3.45 billion, the lowest level since March 2021
A new report from cryptocurrency service provider Matrixport says that Binance Coin (BNB) is testing the key $220/200 level for the fourth time, which could have a serious impact on sentiment if this level is broken. In addition, the BSC's total value lock-in (TVL) has fallen to $3.45 billion, the lowest level since March 2021, indicating that deployed capital is being withdrawn from the BSC project. As a result, costs incurred on the BSC are down -50 percent from a year ago to just $800,000 per day and are now down -30 percent from the daily average in the second quarter of 2023.
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.
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