Base, the Ethereum layer-2 network, sees its total value locked (TVL) in DeFi nearing $5B since launch, as tweeted by founder Jesse Pollak. This milestone underscores explosive adoption in the layer-2 ecosystem, outpacing rivals amid recent Bitcoin BTC rallies and hype around projects like TAO.

Zooming into ETH's 4h chart, price action screams bullish conviction at $2437.66, grinding above the upper volatility band resistance of $2420.72 while MACD locks in a golden cross at 31.63. Confluence builds with the EMA50 at $2292.15 acting as immediate support, far above the EMA200 floor of $2170.76, suggesting any pullback hits lower support at $2281.88 before resuming the uptrend—RSI at 69.44 stays neutral, no overbought exhaustion yet, positioning ETH for further gains in this DeFi TVL growth cycle and broader crypto market trends.