Shifting DeFi narratives: Memes soar as wallets position for dominance
Meme tokens dominate with a 368% YTD return, overshadowing traditional and emerging DeFi narratives.
Read crypto research, data-driven reports, on-chain studies, and analytical deep dives into Bitcoin, Ethereum, and Web3 trends.
With a 75.68% failure rate in non-vote transactions, Solana confronts operational challenges in the DeFi landscape.
Investments rose in Q1 2024 but have yet to return to their late 2021 peak.
Coinbase's DeFi venture BASE saw rapid adoption this year.
Solana's DEX ecosystem sees remarkable growth with Raydium leading in volumes and liquidity.
Bitcoin saw significant value realization as it broke $73,000 last week, breaching the 0.75% sell-side risk threshold.
Despite the rise of memecoins, Solana's TVL growth steered by substantial protocols offering liquidity and staking solutions.