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As DeFi booms, Ethereum’s blockchain competitors are catching up

As DeFi booms, Ethereum’s blockchain competitors are catching up

Ethereum is not the only blockchain platform seeing a significant increase in value as the decentralized finance space continues to move in tandem with the booming cryptocurrency ecosystem. The new year has continued to be good to the DeFi space, evident in the sheer amount of value that has been injected into various platforms. The value staked in DeFi protocols briefly surpassed $27 billion on Jan.








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