[Ethereum On-Chain Application TVL Surpasses $300 Billion] Leon Waidmann posted on platform X that the total value locked (TVL) in Ethereum on-chain applications has surpassed $300 billion, with funds actively engaged in DeFi, stablecoins, RWA, and staking on-chain applications. He stated that Ethereum leads other networks in terms of liquidity depth, developer ecosystem composability, institutional long-term track record predictions, and user and capital reserves, with network effects becoming evident.