Crypto · Admin ·
According to the latest data, the best-performing cryptocurrency sector last month was the L-1 blockchain market (up 27%), followed by the Defi ecosystem, which grew by 25%. Researchers noted that DeFi, which had underperformed for most of 2024, has finally made a strong recovery, with Memecoin among the top performers. Additionally, a study by Binance shows that the DeFi market has increased by 75.1% since this year, with a massive capital inflow and investor confidence in the sector. Additionally, researchers noted that investors and stakeholders in both the cryptocurrency and traditional financial sectors are increasing the adoption rate of cryptocurrencies across various financial sectors.