Ethereum-based decentralized finance (DeFi) tokens such as Uniswap, Aave, and Sky have seen significant price increases due to the U.S. Securities and Exchange Commission (SEC) indicating a potentially more supportive stance towards this emerging sub-industry. SEC Chairman Paul Atkins mentioned that they would consider 'innovation waivers' to simplify the launch of on-chain products and changes to the rules of on-chain financial systems.