TVL Dominance Surges Past 53%🚀
Ethereum is showing signs of a potential breakout. Its Total Value Locked (TVL) dominance just crossed 53%, the highest level since March. This means more value is being secured in Ethereum-based protocols compared to other blockchains an early indicator that ETH could be gearing up for a strong rally.
Supporting this bullish signal, ETH reserves on exchanges dropped 1.1% in the last 24 hours, down to 19.25 million ETH. Fewer tokens on exchanges often mean less selling pressure in the short term, which can support price growth.
Even more interesting, data shows a negative net flow of ETH, meaning more tokens are being withdrawn to personal wallets. This is a classic sign of long-term accumulation investors are choosing to hold rather than sell.
With growing dominance, reduced sell pressure, and signs of investor confidence, Ethereum is gaining momentum. While nothing is guaranteed, these metrics could be early clues that ETH is preparing for a big move upward.
Stay sharp and stay informed
