Pantera Capital Research Report: The total value of DeFi applications in the Bitcoin ecosystem is expected to reach up to US$450 billion
Cryptocurrency investment firm Pantera Capital recently released a research report stating that based on historical data, the total value of Bitcoin's DeFi applications is expected to reach $225 billion (25% of Bitcoin's market value), compared to Ethereum's DeFi applications accounting for 8% to 50% of Ethereum's market value. Over time, the total value of Bitcoin's DeFi applications could range from $72 billion to $450 billion (8% to 50%) (based on current Bitcoin market value assumptions).
In addition, the top DeFi applications in Bitcoin's ecosystem could eventually be valued at $20 billion (2.2% of Bitcoin's market value), with a range of $6.5 billion to $40 billion. This would make it one of the top 10 most valuable assets in the cryptocurrency ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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