I am bullish on the most underrated categeory, second after liquid staking = Lending

We saw that Lending reached its ATH in Apr 2024 and the last time it did so was during 2021

This is also one of the most resilient sector despite $BTC breaking below 60k as the TVL for this category did not fall too badly

The current problem with many of these lending protocols is that they are siloed on a certain ecosystem/chain and that liquidity is fragment and inefficient

One that have just publicly launched is @soulprotocol that revolutionizes the lending space by allow collaterals to be borrowed from ANY chains without liquidity fragmentation.

This opens up a whole range of possibilities and unlock a huge amount of liquidity to be used.

#BTC #ETHETFsApproved #ETH #HotTrends