CandleFocus Core DAO Drives Massive Growth in 2024 with $820M in TVL
2024-11-15
Author: Content Editor
The blockchain and DeFi ecosystem, Core, has experienced significant growth in 2024. Total Value Locked (TVL) has risen from $3 million to nearly $820 million, reflecting a growth of over 15,000%. This surge in TVL demonstrates Core's increasing role in enhancing Bitcoin's presence in decentralized finance and attracting investor and user confidence. Core's blockchain has recorded over 300 million transactions, showcasing its high activity level and user engagement. The number of unique wallet addresses within Core DAO has increased by 85%, indicating a growing user base and adoption of its decentralized financial solutions. Additionally, over 8,100 Bitcoin have been staked on Core's network, amounting to more than $740 million, highlighting the trust and confidence in its infrastructure. With the upcoming Fusion Upgrade rollout, Core aims to strengthen its capabilities and expand its ecosystem further. Overall, Core has established itself as a prominent player in the Bitcoin and DeFi sectors in 2024.
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