A crypto KOL on social media highlighted a significant undervaluation of Ethereum by comparing its token market cap to total value locked (TVL). Ethereum holds 59% of the crypto market's TVL but its ETH market cap represents only 14% of the total crypto market cap. In contrast, Solana, Tron, and BNB Chain exhibit much higher token market cap to TVL ratios, suggesting Ethereum's undervaluation.
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Analysis Shows Ethereum's Token Market Cap to TVL Ratio Significantly Undervalued Compared to Sol...
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