Ethereum DeFi Trends Set To Dominate 2021
2020 was the year of DeFi, not just in terms of the explosive price increases – but the technological advances and support from public figures. From the growth of UniSwap, Chainlink, AAVE, and BNB into the top 20 tokens by market cap to tech billionaire Mark Cuban revealing his positions in the aforementioned tokens, one must wonder what comes next. Improved security and auditing of contracts. Exploits performed by hackers on vulnerable DeFi smart contracts […]
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See what the Cointelegraph crew thinks are the most important trends of 2021 in our latest video. Bitcoin bubbles, Big Brother, decentralized finance, nonfungible tokens and Ethereum: These are some of the key 2021 trends that the Cointelegraph crew pointed out back at the beginning of January. To assemble these opinions, each of our contributors was asked three questions:What current crypto trends will continue in 2021?What trends do you not expect to continue?What trends will we see in 2021 that we didn't see in 2020?How would you answer these questions? Take a moment to think, then....
On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized stablecoin projects dominate the pack of dollar-pegged tokens, a great number of decentralized stablecoins have been moving in on these centralized competitors. Algorithmic or defi-styled stablecoin market caps have accrued billions of dollars this past year. While Tether and USD Coin Eclipse the Market, Algorithmic Defi Stablecoins Still Shine Tether (USDT) is one of the oldest and the largest....
On Sunday, April 3, the total value locked (TVL) in decentralized finance (defi) has risen to $231 billion. The TVL is nearing the all-time high (ATH) of $256 billion recorded on December 2, 2021, as it’s only 10.82% under the TVL’s ATH. Additionally, while Curve Finance continues to dominate in terms of TVL, the defi applications Lido and Anchor have moved up the ladder, and they now command the second and third-largest positions. Value Locked in Defi Rises, Lido and Anchor TVLs Move up the Ladder Currently, the total value locked (TVL) in defi on Sunday is roughly $231....
Ethereum has undergone a strong drop from its year-to-date highs at $490. The coin currently trades for $375, around 25% below those highs. At the worst of the correction last month, the coin was down even further. Ethereum remains bullish on a long-term basis as long-term trends favor bulls, analysts say. One trader recently shared a chart indicating that both the technicals and fundamentals favor bulls. Three Ethereum Trends Suggest the Coin Is Primed to […]
The CEO of Binance on why DeFi will come to dominate CeFi.