REN News

The integrations could bring new assets to popular DeFi platforms amid a market-wide pullback.

Ren continues to gain momentum as the addition of new tokens and the protocol’s focus on DeFi and interoperability leads to an uptick in trading volume.

Projects facilitating cross-chain integration with the Polkadot ecosystem have rallied to new highs while the Ethereum network continues to struggle with high fees.

REN price spiked to a new all-time high shortly after its recent integration with Binance Smart Chain.

Lucrative DeFi investing opportunities and increasing participation from institutional investors are driving the amount of Bitcoin and Ethereum held on exchanges to new lows.

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 days

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.

DeFi token Ren surges as tokenized BTC grows in popularity.

DeFi tokens like LEND — the price of which has increased by 3900% since 2019 — rallied further this week, some to new all-time highs.

Australia is experiencing a DeFi boom, with leading derivatives project Synthetix joined by buzzy newcomers Thorchain, Ren and mSTABLE.

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.