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Data on Defilama for key indicators including TVL, Inflows, and Dev Commits shows great promise for the token.
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The CMP is $29.87, TVL at $3.815 Billion, and the 24-hour RPL volume at $6.04 Million.
Rocket Pool (RPL) functions on the Ethereum blockchain and its RPL Token is an ERC-20 standard. Its governance is split across its Oracle DAO which works as a beacon chain that acts as a bridge between the smart contracts, and Protocol DAO which is responsible for setting up the staking requirements and commissions for nodes, and deposits.
As per Defilama, the number of developers has increased and developer commits are changing over time. Last year, the developers and commits have shown sustained growth when compared to the last five years’ data.
Source: Developers And Developers commits By Defilama.com
Rocket Pool (RPL) Social Media Activity Chart
The increasing number of tweets mentioning RPL highlights its growth and shows that it is
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