The DeFi boom and search for projects offering interoperability recently sent Ren’s price and total value locked to new all-time highs.
Almost 100,000 Bitcoin are now tokenized on Ethereum, more than half of which have migrated over the past 30 days22202
With more than half a billion dollars worth BTC already tokenized, Messari believes that projects bringing Bitcoin to DeFi will emerge as leaders of the crypto sector.7111
DeFi token Ren surges as tokenized BTC grows in popularity.12029
DeFi tokens like LEND — the price of which has increased by 3900% since 2019 — rallied further this week, some to new all-time highs.9098
Australia is experiencing a DeFi boom, with leading derivatives project Synthetix joined by buzzy newcomers Thorchain, Ren and mSTABLE.7571
In the third installment of the Bitcoin Price Diary, veteran trader Scott Melker revisits some recent successful trades including a sizable position on REN/BTC.7168