CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
coinpedia 2025-01-15 06:45:07

The rise in DeFi, Memecoins and Ai Agents

The post The rise in DeFi, Memecoins and Ai Agents appeared first on Coinpedia Fintech News Decentralized Finance saw an amazing growth in 2024. The sector exploded seeing a 485% growth in daily users. By the end of the year, the number of active wallets reached 24.6 million. This is a huge achievement but how did that happen? Let’s uncover the factors that shaped the growth of DeFi in 2024 and the things we can expect in 2025. Source : DappRadar How Memecoins and AI Powered DeFi One of the major reasons that gave a boost to DeFi growth was memecoins. Coins like GOAT, PEPE, and ShibaDoge weren’t just memes anymore—they brought in a ton of new people into DeFi. They acted as easy entry points for those who were curious but didn’t know where to start. And this was just the beginning. Another thing that made a big impact is the AI Agents. They started automating tasks like yield farming and governance. With all these innovations DeFi transactions soared above 8 billion with a 66% rise as compared to the previous year. Big Tech Moves and Global Support The year 2024 gave rise to multiple innovations, including new blockchain technologies. Chains like Sui, Base, and Aptos received community’s attention. However, Solana stood out as a rockstar. After a rough 2023, Solana made a huge comeback, with a massive rise of 2000% in Total Value Locked. Source : DappRadar Layer 2 solutions like Optimism, zkSync, and Arbitrum kept improving how fast transactions could happen and cutting costs. And Bitcoin wasn’t left behind—Bitcoin-based Layer 2 solutions started expanding Bitcoin’s functionality, adding new features to the network. These new tech developments helped make the DeFi experience smoother and more efficient. On the regulatory front, 2024 brought some much needed clarity. The European Union’s MiCA regulation set clear guidelines for crypto businesses, making the space safer and more organized. Meanwhile, the SEC in the U.S. approved several Bitcoin and ETH ETFs, which sparked more institutional interest in crypto. This regulatory movement helped lay a stronger foundation for DeFi’s future. What’s Next for DeFi? Looking ahead, 2025 looks even brighter for DeFi. The rise of zero knowledge proofs will make the space even more secure and scalable. Real-World Assets (RWAs) will continue to be tokenized, bringing DeFi closer to traditional finance. Ai Agents are becoming more and more smarter. With better regulations and new technologies, DeFi will continue to grow, offering more transparent, inclusive, and efficient financial services. In short, DeFi is changing how the world views money—and it’s only getting started.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.