Compared to Gaming and Gambling Dapps, DeFi Is Still Behind

2020-1-4 00:30

A closer look at the data shows that decentralized applications are struggling to gain traction, and DeFi is not the main use case.

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$ 0.0182135 (-17.70%)
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defi struggling applications decentralized gain case use

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Will Ethereum’s “parabolic” DeFi growth be the main factor of ETH recovery?

Year-to-date, the price of Ethereum is down slightly from $155 to $148 and has been noticeably struggling to recover to 2018 levels. As said by Adaptive Fund partner Willy Woo, on-chain fundamentals determine the long term trend of a cryptocurrency like Bitcoin and short term price movements are primarily dictated by margin trading platforms such […] The post Will Ethereum’s “parabolic” DeFi growth be the main factor of ETH recovery? appeared first on CryptoSlate.

2019-11-24 17:55