#OnChainLendingSurge

The on-chain lending sector as of January 10, 2025, is thriving

Market Overview:

• Total Value Locked (TVL): DeFi lending protocols continue to attract significant assets, with TVL remaining high, reflecting investor confidence in these platforms.

• Interest Rates: Lending and borrowing rates on platforms like Aave and Compound range from 10-20% per year, attracting both individual and institutional investors seeking high returns.

Trends and Forecasts:

• The Rise of Bitcoin DeFi (BTCFi): Bitcoin is expanding its role in the DeFi sector, with new solutions allowing the use of Bitcoin in decentralized financial protocols, challenging Ethereum's dominance in this space. 

• Bitcoin Price Support: On-chain data shows that approximately 1.45 million $BTC has been accumulated at an average price of $97,500, creating a strong support level for Bitcoin below the $100,000 threshold. 

Note:

Although the on-chain lending market is thriving, investors should exercise caution and closely monitor market fluctuations, as well as stay updated with information from reliable sources to make informed investment decisions.

#OnChainLendingSurge $AAVE