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Bitwise Analyst: DeFi Performance is "Feeding Back" into Ethereum, On-Chain Economic Infrastructure is Being Reassessed
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Odaily Planet Daily News Bitwise researcher Danny Nelson stated that the current market trend is different from the past—it is not led by ETH driving the DeFi ecosystem, but rather the strong performance of DeFi projects is "feeding back" into Ethereum. He pointed out that traders are trying to price in an anticipated future: the universal infrastructure of the Ethereum on-chain economy will expand into a truly powerful system.
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