DeFi Season? LINK, AAVE, ZRX and COMP Hit Record Price Highs, Outperforming B...

DeFi Season? LINK, AAVE, ZRX and COMP Hit Record Price Highs, Outperforming B...

An analyst expects DeFi tokens to mimic bitcoin's 2017 bull run this year.


Related News

DeFi resurgence lifts Maker, Aave and Compound price to new highs

As Ethereum rallied to new highs, the total value locked in multiple DeFi platforms surged above $10 billion, lifting MKR, AAVE and COMP toward new all-time highs. Analyzing the activity on lending platforms can sometimes be used as a barometer for measuring the sentiment of the cryptocurrency market as a higher number of collateral-backed loans may signal that traders are eager to trade a rising market. The month of April saw the total value locked on Maker (MKR), Aave (AAVE) and Compound (COMP) climb to new highs alongside rising token values and trading volumes. MKR/USDT vs AAVE/USDT vs....

YFI, AAVE, COMP plunge 10% — 3 reasons DeFi is seeing a huge correction

DeFi giants YFI, AAVE, and COMP plummet by over 10% within 20 hours as the market pulls back on Bitcoin and Ether uncertainty. Major decentralized finance (DeFi) tokens Yearn.finance (YFI), AAVE and Compound (COMP) plunged steeply in the last 24 hours. The three DeFi tokens, which are valued well over $500 million, declined by over 10% on the day.Yearn.finance, AAVE, COMP 15-minute chart (Binance). Source: TradingView.comThree reasons why DeFi-related cryptocurrencies pulled back particularly hard are low volume, the declining Ether (ETH) price, and the uncertainty around Bitcoin....

Aave Surges 20% as DeFi Coins Begin Resurgence, Following Ethereum Rally

Top decentralized finance (DeFi) coins such as AAVE are outperforming over the past day. While Bitcoin and Ethereum are both up massively today, AAVE is up 18.5% in the past 24 hours alone. This performance makes it the best-performing digital asset in the top 100 by market capitalization. AAVE is now up by approximately 10% […]

DeFi tokens lead the market higher as Bitcoin price searches for momentum

DeFi tokens take center stage as top lending protocols AAVE, Maker and Compound establish new all-time highs. Several DeFi tokens saw their prices breakout on Feb. 4 as Bitcoin (BTC) and Ether (ETH) prices traded sideways for the day. Aside from the general bullish trend permeating the DeFi sector, positive comments from big-name investors touting the benefits of blockchain technology and DeFi appear to be lifting sentiment throughout the sector.Currently, Bitcoin price is still struggling to reclaim the $38,000 level and according to Cointelegraph analyst Marcel Pechman, top traders may....

Despite 50% Drop From $20 Highs, Chainlink Whales Remain Bullish

Chainlink (LINK) has undergone a strong rally since the lows set in September. The price of the leading cryptocurrency currently trades for $11.50. LINK is up 3% in the past 24 hours, outperforming Bitcoin, XRP, Binance Coin, and a series of other top altcoins. Even still, LINK is trading just under 50% below its all-time […]