In the past four days, AO platform pre-bridged 260 million US dollars of stETH, and TVL exceeded 200 million US dollars

Odaily News Sam Williams, founder of Arweave and AO, posted on X yesterday that $260 million of stETH has been pre-bridged to the Arweave-based AI application computing protocol AO, pushing it to become the 28th largest DeFi protocol in the past four days. According to Williams, AO TVL is now comparable to Cardano ($209.43 million), surpassing major blockchain projects such as zkSync, Fantom, Scroll, Algorand, Filecoin and ICP. According to reports, AO is a new protocol built on Arweave's permanent data storage layer that enables parallel application operation through a decentralized computing model. At the same time, it can also enable artificial intelligence applications to run on the chain, allowing large language models to run within smart contracts. (CryptoSlate)