MegaETH Rockets as TVL Growth Chart Reveals Big Winners and Surprises
The post MegaETH Rockets as TVL Growth Chart Reveals Big Winners and Surprises appeared on BitcoinEthereumNews.com.
CryptoDep’s tweet did what a good chart should: it made you stop scrolling. The graphic, pulled from DeFiLlama data, isn’t just a list of numbers. It’s a snapshot of a month where capital took a few wild left turns, some obvious, some downright surprising. Start at the top and it’s almost comical how quickly the bars fall off. MegaETH (MEGA) exploded, clocking roughly a 2,121% jump in TVL over 30 days. That sent it to about $69.6 million in DeFi deposits, a hefty pile for a chain most people hadn’t heard of until their numbers went viral. After that, Mezo (MEZO) posted a 322% gain and Shibarium (SHIB), yes, the Shiba-linked layer-2, climbed just over 100%. Those early entries feel like the story of the moment: narrative-driven projects and rollups catching attention fast. But it’s not all memecoins and hype. Scan further and you see Kava pushing up 57.7% to roughly $71.4 million, and Provenance’s HASH with nearly 49% growth, numbers that suggest more than a one-week social media frenzy. PolyNetwork shows a large absolute TVL on the chart too, at about $333 million, a reminder that bridges and interoperability still matter when funds are moving between ecosystems. Small Chains, Big Moves What I liked about the chart is how it blends two truths at once. First, percentage gains make for exciting headlines. A three-thousand-percent jump practically writes its own tweet. Second, absolute dollars are the reality check: a tiny protocol can skyrocket fivefold and still be a rounding error next to a big chain. That’s why MEGA’s triple-digit percentage is attention-grabbing, but you also keep an eye on the billion-dollar or hundred-million-dollar names for where systemic risk and real liquidity live. There are a bunch of middling stories in there, too. Fogo (FOGO) and Echelon (ELON) saw decent spurts,…
Filed under: News - @ February 19, 2026 3:28 am