Ethereum 2.0 Is Likely to Boost DeFi Further, Even After Parabolic Rally

Ethereum 2.0 Is Likely to Boost DeFi Further, Even After Parabolic Rally

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One of the hottest crypto trends over recent months has been Ethereum DeFi. Also known as decentralized finance, DeFi is the industry of building decentralized applications for financial services.

As can be seen below, coins related to this sector have gone parabolic, outpacing Ethereum. Take the example of Aave’s LEND token, which is up by over 700% since the middle of April.

Chart of Ethereum…

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