Cryptocurrencies have reached a very advanced level of network development, even surpassing centralized global systems like SWIFT in some aspects, as well as other systems used by central banks for financial transfers, such as RTGS (Real-Time Gross Settlement), TARGET2 in Europe, and FedWire in the United States.
Decentralized finance (DeFi) projects have become easier to use and integrate, even at the level of financial institutions. Stablecoins are no longer merely speculative tools but are now used systematically for financial transfers and settlements.
This current market downturn is not the end, but rather a natural filtering phase for the cryptocurrency market.
Not all of the current cryptocurrencies will remain; what will endure and lead the next phase are projects that offer real value, practical solutions, and tangible applications.
UNI
5.753
-3.39%
AAVE
167.78
-2.83%
CRV
0.4249
+0.99%