Ethereum

Avalon

Taiko

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<p><strong>Key Points</strong>:</p>  
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 <li><em>Taiko TVL growth hits record $81M, driven by Panko Finance and Avalon.</em></li>  
 <li><em>Taiko network records 5M daily transactions amid surging TVL growth.</em></li> 
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<h5 class="wp-block-heading">Taiko TVL Growth surges by 1,000%, reaching a record $81M, driven by the strong DEX Panko Finance and Avalon Finance performance, with daily transactions hitting 5M.</h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/11/telegram-cloud-photo-size-5-6149829883367376051-y.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/11/telegram-cloud-photo-size-5-6149829883367376051-y-1024x576.jpg" alt="Taiko TVL Growth Reaches Record $81M With 1000% Monthly Surge" class="wp-image-290629"></a>
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<h2 class="wp-block-heading" id="strong-taiko-tvl-growth-reaches-record-levels-amid-high-demand-strong"><strong>Taiko TVL Growth Reaches Record Levels Amid High Demand</strong></h2>  
<p>The Ethereum Layer 2 network Taiko has seen its total value locked (TVL) skyrocket by over 1,000% in the past month, reaching a record $81 million. This impressive growth is bolstered by increased usage of native protocols like DEX Panko Finance and lending platform Avalon Finance, which have each surpassed $30 million in TVL. This surge reflects rising investor interest in decentralized finance on Layer 2 solutions, according to <a href="https://defillama.com/chain/Taiko" target="_blank" rel="noopener noreferrer nofollow">DeFiLlama</a>.</p>  
<p>Taiko’s daily transaction volume reached an all-time high of 5 million on November 4, marking another milestone for the network. This activity underscores the growing adoption of Taiko’s infrastructure, as more users turn to Layer 2 solutions for cost-effective and scalable transactions. The rapid growth of Taiko highlights the potential of Layer 2 networks to address Ethereum’s scalability issues while attracting significant capital.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read more: <a href="https://coincu.com/290156-bitcoin-spot-etf-outflows-hit-54-9m/" data-type="link" data-id="https://coincu.com/290156-bitcoin-spot-etf-outflows-hit-54-9m/" target="_blank" rel="noopener noreferrer nofollow">Ethereum Layer 2 Taiko Permissionless Sequencing and Proving Launched</a></strong></p>  
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Taiko TVL Growth Reaches Record $81M With 1000% Monthly Surge

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