Many cryptocurrencies are currently reaching new highs and attracting attention. The crypto market is developing at an above-average rate, and there is currently no sign of an end to the bull market. Especially decentralized finance (DeFi) is in the focus of investors and provides good price gains. Aave also performed well and reached a new high of 123 US dollars.
However, not all projects can show such a good development. As a basis for healthy growth, the fundamental data must be right and have a decisive influence on success. The community and the management also contribute to this and ensure steady progress. Many projects in the DeFi sector have therefore had to cease operations prematurely and are therefore considered failures.
The DeFi market itself is still in an early phase of development. So far, only a few serious projects have established themselves on the market and can show a good prognosis for the future. As the market grows, however, numerous other platforms may emerge that offer new opportunities and products. In this case, it is also decisive which regulations the individual countries will pass in this regard.
