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Ethereum TVL Surges by $7.79B as Network Activity Signals Strong Institutional Confidence

  • Ethereum's Total Value Locked (TVL) surges by $7.79 billion in a week, reaching $77.15 billion.
  • The TVL growth indicates strong institutional and user confidence in Ethereum's value proposition.
  • Exchange inflow volume reaches a monthly low, suggesting reduced selling pressure.
  • Technical breakout from a descending triangle pattern implies potential push towards $4,200.

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