MATIC, EOS, XMR and AAVE could rally higher over the coming days if Bitcoin price can sustain within the $30,000 to $33,000 support zone.
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Analyst says DeFi and stablecoins held up well as crypto markets imploded
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption.
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Negative funding rates incentivize traders to long Polygon (MATIC) and AAVE
The funding rate for MATIC and AAVE is currently rewarding traders who are leveraged longs, but it might not last for long.
Read moreeToro Lists AAVE, COMP, YFI and MANA – Start Trading Now
eToro lists AAVE, COMP, YFI and MANA. The global investment platform and leader in social trading has launched four new crypto assets’: Aave, Compound, Yearn
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Cointelegraph Consulting: DeFi projects launch on Polygon, usage skyrockets
Strolling through the numbers of the Aave and 1inch versions on Polygon as the network gains its momentum.
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Altcoins notch double-digit gains even as Bitcoin price falls to $42,500
Altcoins took the reins and galloped higher, while bulls appear to be losing the battle to hold Bitcoin’s price above $43,000.
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