DeFi Projects Give Ethereum a Boost as Market Dynamics Shift
The rise of DeFi is giving Ethereum a fresh push, hinting at a changing market that could redefine its future role.
According to a report from Odaily, Bitwise researcher Danny Nelson has noticed a shift in how the crypto market is moving.
Traditionally, Ethereum led the way in the DeFi space.
But now, it's the DeFi projects themselves that are breathing new life into Ethereum.
Nelson pointed out that traders are starting to factor in a future where Ethereum isn’t just a platform—it’s the backbone of a much larger, thriving on-chain economy.