ETH DeFi correlation

Why DeFi is the real growth story of the year

If the crypto-market was a team, DeFi would be the tough guy. DeFi has recovered well from not just the bloodbath of September 2020, but also the hack of over $100M back in November 2020. Actually, recovered would be an understatement as DeFi’s TVL has noted an exponential rise since. In fact, the same has...
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Is it time for DeFi to move beyond ETH?

DeFi’s total market capitalization stood at $15.8 billion against Ethereum’s market capitalization of $51.8 billion, at press time. This means that as of mid-November 2020, DeFi’s market capitalization is already over 30% that of Ethereum’s and it won’t be long before it explodes to surpass ETH’s own market capitalization.  Since its launch in 2015, Ethereum’s...
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Bitcoin (BTC) $ 94,847.41 1.95%
Ethereum (ETH) $ 3,283.72 1.68%
Tether (USDT) $ 0.998625 0.14%
XRP (XRP) $ 2.18 1.82%
BNB (BNB) $ 650.67 1.68%
Solana (SOL) $ 181.23 0.01%
Dogecoin (DOGE) $ 0.31096 1.67%
USDC (USDC) $ 1.00 0.11%
Cardano (ADA) $ 0.881306 1.27%
Lido Staked Ether (STETH) $ 3,264.82 2.24%