Decentralized finance (DeFi) is seeing a resurgence, with active loans and total value locked (TVL) on the rise after hitting lows in 2023. Token Terminal, a crypto market analytics platform, stated that DeFi is 'waking up again' in a recent post. Active loans have returned to early 2022 levels at $13.3 billion, indicating increased lending and borrowing activity. This surge in DeFi lending is seen as a positive sign, potentially signaling a bull market. Despite a significant drop in TVL in 2023, the sector has rebounded by 160%, reaching $96.5 billion. Aave, a DeFi lending platform, is expected to outperform with the rise in its native stablecoin supply and cost-cutting measures. While some DeFi tokens are still struggling, there are optimistic views on the sector's future growth and performance. Read more AI-generated news on: https://app.chaingpt.org/news