
The decentralized finance (DeFi) sector is experiencing a significant revival, with the total value locked (TVL) in DeFi protocols reaching $282.65 billion, nearing all-time highs. Ethereum leads with a TVL of $124.8 billion, while Solana has shown a remarkable 1,077% year-over-year increase. This resurgence is attributed to applications with product-market fit, strong tokenomics, and institutional usability. The trend is not limited to Ethereum; layer-2 (L2) solutions are also seeing a renaissance, with Metis, a layer-2 platform, recently reaching 1.3 million unique addresses. Despite the growth, concerns about centralization in L2 solutions have been raised, with Metis co-founder Elena Sinelnikova advocating for decentralized sequencers to enhance the ecosystem's decentralization, especially since 97% of Ethereum transactions are now processed on L2s. The DeFi revival is also expected to see the integration of AI, potentially leading to a new trend known as DefAI, with the DeFi market cap increasing by 16% in a single day and 125% over the last four weeks, alongside reports of insane yield across the board.






DeFi renaissance is coming https://t.co/xOPdLvsU5M
METIS CO-FOUNDER CALLS OUT ETHEREUM L2’S WEAK CENTRALIZATION FLEX Ethereum’s L2 ecosystem is blowing up—97% of all Ethereum transactions are on them. But hold up, they’re super centralized. Metis co-founder Elena Sinelnikova is saying we need decentralized sequencers to keep it… https://t.co/bECRbVcdiM
METIS CO-FOUNDER PUSHES FOR DECENTRALIZED SEQUENCERS IN ETHEREUM’S L2 ECOSYSTEM Elena Sinelnikova, co-founder of Metis, emphasized the need for decentralized sequencers in Ethereum’s rapidly growing layer-2 ecosystem. Despite L2s handling 97% of Ethereum’s transactions, most… https://t.co/o3YaQzBPKI