Current state of liquidity on $SHIB is sad, and we cannot yet see recovery for the meme asset around the corner
is another concerning factor. The TVL represents the total assets staked in a cryptocurrency's network or DeFi protocol. A low TVL indicates reduced activity on the network and is often interpreted as a lack of investor trust in the asset's potential for yield. This inactivity deters new investors, thereby suppressing SHIB's price growth.
The rapid expansion of BSC is a testament to the adaptability and versatility of the Binance ecosystem. As the network continues to grow, it is creating a thriving environment that may translate into a significant price push for BNB.
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