In the past four days, AO platform pre-bridged 260 million US dollars of stETH, and TVL exceeded 200 million US dollars
Odaily2024/06/23 01:13
By:Odaily
Odaily News Sam Williams, founder of Arweave and AO, posted on X yesterday that $260 million of stETH has been pre-bridged to the Arweave-based AI application computing protocol AO, pushing it to become the 28th largest DeFi protocol in the past four days. According to Williams, AO TVL is now comparable to
Cardano ($209.43 million), surpassing major
blockchain projects such as zkSync, Fantom, Scroll, Algorand, Filecoin and ICP. According to reports, AO is a new protocol built on Arweaves permanent data storage layer that enables parallel application operation through a decentralized computing model. At the same time, it can also enable artificial intelligence applications to run on the chain, allowing large language models to run within smart contracts. (CryptoSlate)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
SYRUPUSDT now launched for futures trading and trading bots
Bitget Announcement•2025/05/06 12:04
Trump Denies Earnings From TRUMP Meme Coin Drop
Coinlive•2025/05/06 11:11
Digital Asset Inflows Reach $2 Billion in Third Week
Coinlive•2025/05/06 11:11
Tether Explores AI as USDT Approaches $150 Billion
Coinlive•2025/05/06 11:11
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$93,952.91
-0.39%

Ethereum
ETH
$1,775.26
-1.59%

Tether USDt
USDT
$0.9998
-0.02%

XRP
XRP
$2.1
-2.09%

BNB
BNB
$595.58
+0.00%

Solana
SOL
$142.99
-1.01%

USDC
USDC
$1.0000
+0.01%

Dogecoin
DOGE
$0.1662
-2.63%

TRON
TRX
$0.2442
-1.70%

Cardano
ADA
$0.6535
-1.82%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now