Big changes happened in the world of cryptocurrencies in February! Many cryptocurrencies lost some of their value. This is like when the price of your favorite toy goes down.
Think of 'total value locked' (TVL) as the total amount of money invested in different crypto projects. It went down for many, showing some people are taking their money out.
- Ethereum, a major cryptocurrency, lost a lot of its invested money (TVL).
- Solana lost even more, with many people taking out their investments.
- Some cryptocurrencies did better, like Berachain, which saw an increase in investment.
| Cryptocurrency | Change in February |
|---|---|
| Ethereum (ETH) | TVL down 27% to $97 billion |
| Solana (SOL) | TVL down over 30% to $15.4 billion |
| Berachain (BERA) | TVL up, reaching $5.05 billion |
Experts aren't sure what will happen next. Some think things might get better with new upgrades, but others are waiting to see what happens.
