“In act, some foundational DeFi projects, like Aave, have even surpassed their 2022 peak in a variety of metrics. Aave’s quarterly revenue has surpassed that of 4Q21 — considered the height of the last bull market,” Cheong weighted. “This signals that DeFi is maturing and entering a new phase of productivity, poised for long-term scalability.”
Check Also
XRP Price Skyrockets Past $1 as SEC Faces Legal Troubles And Favorable Regulatory Shift Looms
In December 2020, the SEC filed a lawsuit against Riffle Labs, accusing the company of …