Steno Research: The TVL of the crypto ecosystem is expected to reach a historical high in the first half of next year

ChainCatcher news, according to the latest report from Steno Research, although the total value locked (TVL) in the current crypto ecosystem is still below the peak in 2021, it is expected to rise to a historical high in the first half of next year. The recovery of DeFi is closely related to U.S. interest rates, as rates determine whether investors are inclined to seek high-risk opportunities in decentralized finance markets.

In addition, the increase in stablecoin supply, the growth of real-world assets (RWA), and the decrease in Ethereum network fees are all key factors driving the recovery of the DeFi market.