$WAVES TVL rises after massive price rally
Projects on Waves blockchain, like Neutrino and Vires Finance, are the largest TVL providers for the network, with a total of $4.29 billion of locked funds, which puts the dominance of first and the second places at around 99%.The cryptocurrency gained a spotlight on the market after a mind-blowing price performance, which ended with a 530% rally since the bottom reached in March.
The most likely reason behind the 530% and 60% pumps is speculative interest toward the coin that remains actual thanks to the DeFi industry and would have recently attracted institutional funds in a similar way to blockchains like
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