• The expansion of public chains leads TVL development with genuine buy-in from real users who use the networks rather than speculators.

  • Modern ecosystems Etherlink along with Hyperliquid catch investor interest through their solutions to boost performance of traditional smart contract networks.

  • The successful exchange of capital between months stems from chain features which combine excellent interoperability with scalability and individualized design structure.

The public blockchain networks have shown exceptional Total Value Locked (TVL) growth during the recent months.Blockchain analytics show that the TVL of Etherlink and Hyperliquid together with Flare Networks and Sui (SUI) and Stacks experienced TVL growth between 75% and 180%. These chains provide substantial liquidity and marketplace interest because of rapid changes disrupting the decentralized finance (DeFi) ecosystem today.

https://twitter.com/TheDeFinvestor/status/1918297246468084191

Network activity increases and applications move across different chains together with application development growth that propelled this rise in TVL. The growing demand for efficient low-cost adaptive infrastructure supports the increasing popularity of various blockchain networks even though they have distinct structural and functional requirements. TVL growth demonstrates more than capital retention since it directly shows increased user participation along with more decentralized applications and advanced network operations.

Etherlink Records Unmatched Ecosystem Expansion

The TVL on Etherlink (Tezos’s EVM-compatible Layer 2 chain) experienced a historical rise in April resulting in 150% growth. The smart contract platform infrastructure of this chain probably motivated increased adoption because of its scalability features. Etherlink uses fast confirmation times while keeping costs minimal and it fully supports Ethereum Virtual Machine (EVM) standards. The chain shows increasing popularity due to DeFi primitives integrating with recently improved developer tools added to its operations.

Hyperliquid Delivers a Phenomenal On-Chain Derivatives Push

The blockchain interoperability specialist Flare Networks gained an impressive 110% increase in TVL throughout this month. Flare Networks enables smart contracts to retrieve external information through its methods without requiring centralized oracle support. The network's increasing popularity might be attributed to its new connections with Bitcoin along with other non-Turing complete chains.

Flare Networks Taps Interoperability for Superior Performance

The blockchain interoperability specialist Flare Networks grew its total value locked by 110% during this last month. Smart contracts using Flare can retrieve external data independently of centralized oracles through their current method. Recent Bitcoin and other non-Turing complete chain integrations might explain why the network is gaining traction.

Sui (SUI) : Accelerates with Revolutionary Asset Management

The SUI blockchain operated with Move-based programming capability experienced substantial TVL expansion at 95% during April 2023. Recently developed object-centric data handling systems through Sui enable more effective data operations than common account-based approaches. The approach supports unique dApp development as well as swift execution which possibly drives more developers and end-users to platform engagement.