DEFI is recovering, and the dawn of altcoins is beginning to appear!
After a deep adjustment from July 2021 to September 2024, the market has been cut in half and then cut again, with a drop of up to 90% or even 70%. Leaders such as UNI and 1INCH are even more mired in the quagmire, and the cost price of 18U and 3U is out of reach. But at this moment, the dawn is beginning to appear, and the turning point has arrived!
Recently, the mining fee yields of aave-eth and 1inch-eth on Uniswap V3 have soared from an annualized 3-6% to 160-195%. This signal strongly indicates that the on-chain transaction activity has exploded, and whale funds are entering the market on a large scale. The altcoin sector may have ushered in a long-awaited spring! Spot contract Junyang👉
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