🚀 DeFi is on a roll, folks! DApp activity soared by 77% in Q4 2023, with 7 million daily active wallets. 🎉 But, the European Commission is eyeing the DeFi space, potentially requiring protocols to get a license. Meanwhile, VanEck analysts predict Ethereum layer-2 scaling networks could reach a $1 trillion market cap in six years. 😲
However, it wasn't all rainbows and unicorns for the top 100 DeFi tokens this week, most of which saw red. And the total value locked in DeFi protocols stayed under $100 billion.
In other news, SlowMist analysts are raising eyebrows at AssangeDAO's crypto activities, urging investors to tread carefully.
What are your thoughts on these developments? Let's chat in the comments! 👇 #DeFi #CryptoNews