Cryptocurrency | Price (USDT) |
---|---|
BTC | $107323.7400000000 |
ETH | $2438.4270000000 |
BNB | $648.6497100000 |
XRP | $2.1861220000 |
ADA | $0.5664469000 |
SOL | $150.9150000000 |
DOGE | $N/A |
DOT | $3.4163900000 |
LTC | $86.3674000000 |
LINK | $13.4167100000 |
Category: CRYPTO NEWS
The post Soon TradFi Will Run Out of Excuses To Stay Away From DeFi appeared on BitcoinEthereumNews.com. HodlX Guest Post Submit Your Post If we had to select the single most important crypto-related event of the last year, a majority might point to Donald Trump’s successful reelection bid, which triggered a surge in Bitcoin and most other major tokens. Others may point to Bitcoin’s halving in April or the launch of more than 10 spot Bitcoin ETFs following their approval by the SEC in early 2024. Less flashy, yet equally significant developments – like a substantial growth in stablecoins adoption – strengthen the industry’s foundation. This adoption also helped facilitate a more robust DeFi (decentralized finance) ecosystem while improving its connectivity with TradFi (traditional finance). With crypto maintaining its momentum in 2025, it will take more than just an expanded stablecoin adoption to fuel DeFi-TradFi collaboration. DeFi’s progress paves the way for TradFi While many eagerly await Trump’s plan for a presumably crypto-friendly regulatory framework, it’s clear that the industry built off 2023’s late momentum continues to expand and introduce new technologies. This demonstrates resilience regardless of the administration in power. Several headlines and developments shared the spotlight in the busy year, pointing to a productive industry trending in the right direction. Numerous key advancements are pushing the industry forward, from captivating new AI (artificial intelligence) applications to the explosion of tokenized RWAs (real-world assets). Even memecoins and NFTs (non-fungible tokens) had their moments in 2024, further demonstrating the stability of a once-maligned sector. Despite all this and Bitcoin surpassing the $100,000 mark, crypto remains a volatile asset class largely disconnected from TradFi institutions, ultimately limiting its full potential. With that said, crypto’s momentum and DeFi’s achievements offer a great opportunity to accelerate TradFi involvement in 2025. DeFi’s markedly advanced maturation and growth stand out above all. It continued to push the boundaries of blockchain by expanding…
2025-02-07T04:41:44+00:00