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🚀 BREAKING: DEFI hits $270B liquidity ATH in July but NFTs steal the spotlight with a 96% surge to
wait lmfao so DEFI is like 🚀 but NFTs are like 🌊?! what’s next, NFT stocks?!
defi tokens pumpin’ like it’s 2017, but NFTs stealin’ the show now: liquidity hits ATH, token market
The DEFI liquidity hit a record $270 billion in July, driven by token shares’ growth. Dappradar data revealed a 30% monthly TVL increase in DEFI protocols and a 220% rise in token market cap. NFT trading volumes surged 96% to $530 million, with average prices doubling to $105. In July, NFT activity surpassed DEFI in daily active portfolios. Ethereum-based marketplace Blur led the NFT volume, while Opensea and Zora gained momentum. Big brands like Nike and Louis Vuitton explored NFT partnerships. NFT market rebounded in July but remains below 2021 peaks.
https://altcoin.observer/defi-soar-with-tokens-stocks-but-user-activity-moves-to-nft/
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