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Citi: Ether performed poorly, but Ethereum's TVL is rising
Golden Finance reported that Citibank (C) stated in a research report on Monday that ETH has performed poorly so far this year, falling by more than 20%, but the fundamentals are improving, and the Total Value Locked (TVL) on the Ethereum blockchain has risen significantly. Citibank pointed out that the TVL on the Ethereum network has risen significantly, while inflows into ETH exchange-traded funds (ETFs) are still occurring, and search interest is also rising.