DE-FI🔥

Decentralized finance (DeFi) has been a rapidly growing sector in the cryptocurrency industry.

According to a report by Markets and Markets, the global blockchain venture market is expected to reach $67.4 billion by 2026, citing an increase in venture capital funding, greater adoption of blockchains for payments, and blockchain solutions in banking and cybersecurity

Despite the bear market, DeFi’s resilience has been incredible to watch throughout 2022. The year birthed a DeFi renaissance while simultaneously witnessing cataclysmic price action.

The market for DeFi is expanding swiftly, with significant growth observed from 2018 to 2020, where it increased nearly 3-fold from US$1.2 billion to US$3 billion. This growth has been consistent, nearly doubling each year. Industry experts project the market to reach US$67.4 billion by 2026

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