#HotJulyPPI The time for DeFi has come
Some industry experts agree that investment interest in Bitcoin may cool, with the potential for decentralized finance (DeFi) to take center stage.
Henrik Anderson, CEO of Investment at Apollo Capital, told Cointelegraph: “We believe that ETH and DeFi assets will continue to outperform, supported by the regulatory environment and tokenization of real-world assets (RWA).”
He added that the value locked in DeFi has peaked and is increasing rapidly, which supports the sector's revenues, stating: “We are now entering a new phase where Bitcoin is considered the lower risk asset (low beta), and its annual volatility has dropped to 23% over the last 30 days.”
Nick Ruck, Research Director at LVRG Research, told Cointelegraph that Bitcoin may move sideways near its current levels, explaining: “The decline in dominance and the rise in trading volumes of alternative coins suggest the start of an altcoin season, led by ETH's outperformance and the flow of speculative investments