As DeFi Rises, Ethereum’s Blockchain Competitors Are Catching Up By Cointelegraph

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As DeFi Rises, Ethereum’s Blockchain Competitors Are Catching Up

It is not the only blockchain platform experiencing a significant increase in value as the decentralized financial space continues to move in tandem with the booming cryptocurrency ecosystem. The new year has continued to be a good one for the DeFi space, evident in the sheer amount of value that has been injected across various platforms. The value staked on DeFi protocols briefly topped $ 27 billion on January 20, according to DappRadar, driven in part by the increase in the value of a vast majority of cryptocurrency tokens. However, the space has seen increasing adoption and development in recent months. Continue reading on Coin Telegraph

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