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JUST IN: #Bitcoin surpasses oil company Saudi Aramco to become the 7th largest asset in the world.
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We needed longer up there but it was great to start the conversation! #massadoption #defi
Our @buda_kyiv joined an exciting panel today at @RAK_DAO Conference with Alice Liu (@CoinMarketCap), @pritrules (@zothdotio), Anoir Houmou (@RecrdApp), @AlexCrypto42 (@redefined_app), and @LucFro.
Great talk on navigating the space between DeFi innovation and regulation! 馃敟
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Only 1 month left till October, which is historically the best month for crypto.
If history repeats, this market dip will soon be over.
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Is DeFi so back?
After being pushed aside by other narratives, there are signs of a DeFi resurgence going on.
Let's take a look 馃憞
First up, mindshare for DeFi in general has been on a 3 month up-trend, close to doubling in % from 7 to 14 since the start of this year.
Out of all the DeFi projects, the two gaining the most mindshare % wise out of any in the past 30 days are $AAVE & $DRIFT.
AAVE has been *the* outperformer in terms of price, mindshare, and sentiment too.
Closing in on its March high, and sentiment higher than any time in the last 12 months.
Here's a summary from our AI Copilot on why people are bullish 馃憞
Another way to look at DeFi's recovery is the segment's mindshare in comparison to others.
To put it into perspective, despite Memecoins seeming like *the* topic recently, DeFi has close to the same mindshare, with both only falling behind AI.
In the last 30 days:
- AI: 21.7%
- Memes: 13.07%
- DeFi: 12.18%
Though early days, the off-chain indicators are very positive.
Time for on-chain numbers to follow through too 馃
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Layer 1 & 2 Performance Landscape:
Layer 1: Layer 2:
$SUI +105% $BLAST + 55%
$SAGA +58% $STX + 47%
$SEI + 50% $ZK + 47%
$TIA + 50% $AZERO + 41%
$SOL + 48% $AEVO + 39%
$APT+ 45% $ARB + 38%
$INJ + 44% $ASTR + 38%
$TON + 41% $TAIKO + 37%
$KAS + 37% $OP + 37%
$NEAR + 37% $IMX + 36%
$FTM + 35% $MNT + 35%
$FIL + 32% $METIS + 34%
$BNB + 31% $MANTA + 33%
$AVAX + 30% $MATIC + 28%
$ATOM + 28% $STRK + 26%
$BTC + 26% $MODE - 21%
$ETH + 24%
$TRX + 10%















