#BTCvsETH DeFi sector has just reclaimed 2022 highs, with Ethereum asserting its dominance

The Ethereum-dominated DeFi sector has been growing by leaps and bounds, and according to data from Defillama, the total value locked (TVL) in the sector has once again reclaimed 2022 highs. 

The surge coincides with what Kobeissi analysts are calling the “LARGEST short squeezes in crypto history” as ETH continues to inch closer to all-time high levels.

DeFi finally recovers from the market crash of 2022we