$ETH had 4 red months in a row. It can't get much worse tha | The DeFi Investor 🔎 on Binance Square

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$ETH had 4 red months in a row.
It can't get much worse than this... right?

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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-4.63%

9

0

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Over 95% of BlackRock's BUIDL fund is tokenized on Ethereum and its L2s. Ethereum remains the undisputed leader in the RWA sector.

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Crypto Watchlist for the week ahead: $MNT - Mantle is expected to announce a major new integration next week $JUP - Jupiter Exchange will make two big product announcements next week $AVAX - Avalanche Summit London starts on May 20. The project might make some major announcements during it $BTC - US Senate is rumored to pass stablecoin legislation next week $LQTY - Liquity V2 will relaunch on May 19 $SOL - Metamask co-founder confirmed that native wallet support for Solana is coming in May If you enjoyed reading this, a like and a repost would be appreciated🫡

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BTC funding rates are still very low. It's a great thing to see as it shows this pump hasn't been driven by leverage. BTC still has a lot of room to grow.

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The TVL of CeFi lending: ~$11 billion The TVL of AAVE: ~$39 billion A single dApp has almost 4 times more TVL than CeFi lending sector. Love to see DeFi winning.

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My market outlook In this blog post, I cover: • What caused the latest pump • Reasons to be bullish & bearish • This week's DeFi developments Check it out: https://www.thedefinvestor.com/p/why-is-crypto-pumping

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