Bitwise Analyst: DeFi Performance is "Feeding Back" into Ethereum, On-Chain Economic Infrastructure is Being Reassessed
Odaily Planet Daily News Bitwise researcher Danny Nelson stated that the current market trend is different from the past—it is not led by ETH driving the DeFi ecosystem, but rather the strong performance of DeFi projects is "feeding back" into Ethereum. He pointed out that traders are trying to price in an anticipated future: the universal infrastructure of the Ethereum on-chain economy will expand into a truly powerful system.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.
NVIDIA, Intel, and AMD have collectively spent $5 billion in advance payments to aggressively secure high-end IC substrates from Taiwan. Driven by "big money for guaranteed orders," the top three Taiwanese substrate manufacturers have invested a record NT$161.2 billion to expand their production capacity. The tech giants' substantial financial commitments to secure supply chains highlight the intense competition and extreme scarcity of core AI materials.
Brent Crude Oil Hits $116 as Markets Weigh Another Inflation Shock
S&P rewrites stock classification rules! $375 billions in funds may be forced to rebalance, major reshuffle for growth and value stocks
After S&P Dow Jones Indices adopts new stock classification rules, growth stocks and value stocks will undergo a reshuffling.
Crypto prices
More
