The logic of this round is the institutions' DeFi Summer. After holding a large amount of top assets like BTC and ETH, they need a place to earn interest and complete the closed loop of USD stablecoins, making DeFi extremely useful. CRV and CVX have risen quite a bit, and Ethereum, as the Gas for DeFi, goes without saying. We can speculate on several things that may happen:

1. More assets will be allocated to DeFi, and corresponding regulation will strengthen.

2. More hackers will target the juicy opportunities in DeFi.

3. Bitcoin's target is 150,000, Ethereum's target is 4,400.

4. A period of consolidation to collect chips.

5. Enterprise-led DeFi protocols will emerge, and it is not excluded that powerful institutions will build their own protocols.

6. USD1 will develop into a mainstream stablecoin.

7. BNB Chain will capture a portion of the DeFi scenarios.

8. TRON, as a major public chain for stablecoin circulation, will benefit significantly.