Odaily Planet Daily News: Crypto KOL rip.eth posted on X platform that, based on the gap between Total Value Locked (TVL) and market capitalization, Ethereum is currently the most undervalued blockchain. Ethereum accounts for 59% of the crypto market’s TVL, but its token ETH market cap only makes up 14% of the total cryptocurrency market cap. In comparison, Solana’s token market cap / TVL ratio is 3% : 7%; Tron’s token market cap / TVL ratio is 1% : 3.7%; BNB Chain’s market cap / TVL ratio is 4.5% / 5.5%.
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Opinion: The Ethereum token market cap/TVL ratio is significantly inverted, far exceeding ecosystems like Solana, Tron, BSC, and others.
Odaily Planet Daily News: Crypto KOL rip.eth posted on X platform that, based on the gap between Total Value Locked (TVL) and market capitalization, Ethereum is currently the most undervalued blockchain. Ethereum accounts for 59% of the crypto market’s TVL, but its token ETH market cap only makes up 14% of the total cryptocurrency market cap. In comparison, Solana’s token market cap / TVL ratio is 3% : 7%; Tron’s token market cap / TVL ratio is 1% : 3.7%; BNB Chain’s market cap / TVL ratio is 4.5% / 5.5%.