BNB Chain DEX volume surges - Examining what it means for BNBs price

　　Another area AMBCrypto analyzed was the Total Value Locked (TVL). TLV is an indicator of the health of a network. With this metric, one can tell if market participants are staking or locking assets on a protocol.

　　If the TVL increases, it is a sign of perceived trust for a project. In this case, the value of assets locked must have increased in anticipation of better yield.

　　However, a decreasing TVL suggests that assets are being taken out, and participants do not believe that the protocol involved can produce good rewards.

　　According to DeFiLlama, Binance Smart Chains TVL was $61.2 billion. A thorough look at the protocols under the chain showed notable increases within the past week.

　　Hence, this rise across the board implies that participants are confident in the chains health and security. However, the metric remains far below the peak it hit in 2021.

　　Makatotohanan o hindi, narito ang market cap ng BNB sa mga tuntunin ng BTC

　　Should the TVL continue to increase, BNBs price might also follow, However, the possible prediction of $1,000 might only happen if the metric rises past $10 billion for a start.

　　If not, that forecast might not come to pass. Still, it is important to remember that other factors might influence the price apart from this.