Bitcoin Will Power the Next DeFi Summer
Posted on AllSides April 19th, 2024
From The Center
In 2023, we said goodbye to Crypto Winter. Now, it’s time to say hello to a new era of DeFi Summer, this time centering on the most buzzworthy yet also durable trends: Bitcoin. With Ordinals proving demand, exchange-traded fundes (ETFs) providing access and Bitcoin scaling solutions emerging, 2024 is set to unlock the ~$1 trillion asset class in ways previously unseen. The initial decentralized finance (DeFi) revolution in 2020 centered around smart contracts unleashing blockchain utility beyond the simple maintenance of a ledger and asset. It transformed the technology into...
