Footprint Analytics · 7 hours ago · 7 min read
Footprint November Monthly Report: DeFi TVL surpasses $288B, NFTs stall
Following a gradual recovery in October, November saw breakthrough growth in all areas of the crypto market.
Analysis: How Polkadot (DOT) could become Blockchain 3.0
Ethereum. Solana. Avalanche. Cardano. Cosmos... More blockchains, more problems.
How Abracadabra became one of the fastest-growing decentralized protocols
The high volatility of cryptocurrencies makes them difficult to be used as a medium of exchange. Hence, stablecoins have become an essential part of the DeFi system.
Stablecoins: How safe and stable are they?
Centralized, decentralized and algorithmic are all different. Are they all equally unstable? Is the fear of stablecoins warranted? Could Tether bring down all of DeFi?
Will Bitcoin’s Taproot upgrade cause a “DeFi rain”?
The Taproot upgrade aims to improve the privacy of transactions and the efficiency of the Bitcoin network.
What are cross-chain bridges and why do they matter?
While DeFi promises a world where people can transfer their money without the hassle and transaction fees of banks, anybody who has tried to convert some ETH to some BNB recently knows it’s not so simple.
Data shows how Aave overtook Compound in DeFi lending
Despite its platform being launched in just 2020, Aave (AAVE) outgrew its established competitor Compound (COMP) and multiplied its market cap eightfold within half a year.
How did the DeFi, NFT and crypto market change in October?
Read how these developments and others will affect the crypto market in Footprint's October Monthly Report.
Is Aave destined to stay the top DeFi lending platform?
Crypto lending has become one of DeFi's most promising use applications, ushering in an influx of dozens of platforms, tools, apps and participants all claiming to revolutionize how tokens are loaned and borrowed.
5 charts to uncover your next long-term DeFi investment
Assets within decentralized finance, namely crypto, are by far the best-performing investment class today. However, you can also lose all of your money if you’re not careful.