PANews reported on August 21st that according to TK Research analysis, $BIO tokens are steadily growing in the DeSci space, with Bio Protocol's current total locked-in value (TVL) reaching approximately $9 million. Approximately 70% of this is locked up for a short period (one to four weeks), while approximately 30% is locked up for a medium to long term, with 15.1% locked up for a maximum of 104 weeks.

Analysts believe that the continued increase in the medium- to long-term lock-up ratio may drive token prices higher, while the high proportion of short-term positions may bring some selling pressure. If the medium- to long-term lock-up ratio continues to increase, $BIO may usher in a new round of price increases.