Odaily Planet Daily reports that Bitwise researcher Danny Nelson stated that the current market trend is different from the past — it is not ETH leading the DeFi ecosystem, but rather the strong performance of DeFi projects "feeding back" into Ethereum. He pointed out that traders are trying to price in an anticipated future where Ethereum's on-chain economic universal infrastructure will expand into a truly powerful system.

DEFI

Odaily Planet Daily reports that Bitwise researcher Danny Nelson stated that the current market trend is different from the past—it is not Ethereum (ETH) leading the DeFi ecosystem, but rather the strong performance of DeFi projects "feeding back" to Ethereum. He pointed out that traders are trying to price in an anticipated future: the universal infrastructure of Ethereum's on-chain economy will expand into a truly powerful system.

Bitwise Analyst: DeFi Performance is "Feeding Back" into Ethereum, On-Chain Economic Infrastructure is Undergoing Revaluation