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Cardano’s Hoskinson: ‘Winners of the future in the DeFi space are going to…’
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The age of DeFi is here. This sector of the cryptocurrency industry is raking in huge investments from all parts of the financial market while existing in a constantly evolving ecosystem. This, unarguably, has taken a toll on some networks struggling to keep up with the pace of development while others are looking at it as a capitalistic opportunity up for grabs.
Cardano, for instance, launched smart contract functionality earlier this year to prime the network for hosting DeFi applications. While its native token ADA saw unprecedented demand and growth in the days leading up to the Alonzo hard fork, its price action has been largely uneventful since, save for a loss of over 50%.
Its network activity, however, has seen a huge spike recently,
Read more on ambcrypto.comAbout this in other media
The First NFT Aggregator Vaults Will Soon be Activated Into the DeFi Space with Pi-Protocol cryptonews.com /2 years ago
Crypto chiefs tell lawmakers the tech behind digital coins is promising for the future fnlondon.com /2 years ago
The reason these DeFi altcoins see recoveries higher than Ethereum, Solana ambcrypto.com /2 years ago
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