Metis network TVL increased by 560% on the 7th, and the gap with Base network TVL was less than 1 million US dollars

According to L2BEAT data on December 27th, Metis Andromeda Network's TVL reached 695 million US dollars, with a 7-day increase of 560%, possibly due to the rise in cryptocurrency prices. It currently ranks third in Ethereum Layer 2 Network TVL, with a difference of less than 1 million US dollars from the third-ranked Base Network TVL (696 million US dollars).

According to OKX market data, as of the time of writing, the METIS price has just broken through $93, currently priced at $93.2, with a daily increase of 24.7% and a 7-day increase of 243%. The full-year increase for 2023 is currently reported as 491%.