Gnosis Chain, a layer-2 solution for Ethereum that aims to provide fast, cheap, and secure transactions, has witnessed a remarkable growth in its total value locked (TVL) in the past month. According to DeFiLlama, a website that tracks the TVL of various decentralized finance (DeFi) protocols, the TVL on Gnosis Chain has increased by about 92% since the beginning of October 2023, reaching over $150 million as of Octiber 20, 2023.
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