The future of DeFi isn’t on Ethereum — it’s on Bitcoin
Decentralized finance (DeFi) is facing challenges on Ethereum, with its ecosystem struggling and liquidity fragmented due to the reliance on Layer-2 solutions. Developers have turned to Solana, yet this shift has been driven largely by speculative activity surrounding memecoins rather than sustainable financial applications. In contrast, Bitcoin is emerging as a robust foundation for DeFi, with total value locked (TVL) increasing from $300 million to $5.4 billion in just over a year. Bitcoin's DeFi is characterized by innovative financial models, including dual staking and utilizing mining power as collateral. The growing infrastructure is not merely replicating Ethereum but creating new opportunities that align with long-term value. With significant institutional interest and the largest market cap among cryptocurrencies, Bitcoin is poised to define the future of DeFi. Unlike Ethereum's fragmented model and Solana's speculative focus, Bitcoin's DeFi is built on institutional-grade liquidity and sustainable growth, indicating a paradigm shift toward Satoshi’s original vision for a decentralized financial system.
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