Bitwise CEO Hunter Horsley recently stated on X that AAVE now has deposits totaling $30 billion, which would rank it as the 64th largest bank by deposits. Despite the focus on BTC and meme coins in this bull market, the development of the DeFi sector is still progressing. The unrelenting growth of AAVE is remarkable, now at $30 billion in deposits, it's larger than thousands of US banks. If it was a bank, it would be the 64th largest by deposits. The future is on-chain. BTC surpasses Saudi Aramco, becoming the 7th largest asset in the world by market capitalization. According to 8marketcap data, the current market cap of BTC is $1.93 trillion, surpassing Saudi Arabian Oil Company (commonly known as Saudi Aramco) and silver market cap of $1.73 trillion, becoming the 7th largest asset in the world by market cap, with a market cap difference of less than $10 billion from Google. BTCSpot ETF may surpass gold ETF in January next year. Bloomberg senior ETF analyst Eric Balchunas also pointed out in a recent article on X that the total assets under management (AUM) of the US BTCSpot ETF have reached $84 billion, which is two-thirds of the assets under management of gold ETFs. At the same time, it is predicted that the asset size of BTC ETF may surpass that of gold ETF when it celebrates its first anniversary in January next year. Suddenly, it is very likely that they (AUM of BTCSpot ETF) will surpass gold on their first birthday. We originally predicted that this would take 3-4 years. Assets in the US spot bitcoin ETFs are now up to $84 billion, which is 2/3 of the way to what gold ETFs have, all of a sudden there's a decent shot they surpass gold bf their first birthday (we predicted it would take 3-4 years). Rich Dad publicly holds 73 BTC and plans to increase his position to 100 BTC: the rise is not over yet! Standard Chartered: The probability of Trump including BTC in US strategic reserves is slim, but it will overturn SAB121 cryptocurrency accounting law after taking office. Bearish on BTC! CryptoQuant CEO warns that BTC may fall below $59,000 by the end of the year, and if the price is guessed correctly, 0.1 BTC will be given away. Can BTC still rise? Analyst judges that the market is not overheated based on two indicators. If Aave were a bank, its $30 billion in deposits would already make it the 64th largest globally, gradually rewriting TradFi with DeFi. This article was first published on BlockTempo, the most influential blockchain news media.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
AAVE若是家銀行》300億美元存款已成全球第64大，Merkezi Olmayan Finans逐步改寫TradFi
Bitwise CEO Hunter Horsley recently stated on X that AAVE now has deposits totaling $30 billion, which would rank it as the 64th largest bank by deposits. Despite the focus on BTC and meme coins in this bull market, the development of the DeFi sector is still progressing. The unrelenting growth of AAVE is remarkable, now at $30 billion in deposits, it's larger than thousands of US banks. If it was a bank, it would be the 64th largest by deposits. The future is on-chain. BTC surpasses Saudi Aramco, becoming the 7th largest asset in the world by market capitalization. According to 8marketcap data, the current market cap of BTC is $1.93 trillion, surpassing Saudi Arabian Oil Company (commonly known as Saudi Aramco) and silver market cap of $1.73 trillion, becoming the 7th largest asset in the world by market cap, with a market cap difference of less than $10 billion from Google. BTCSpot ETF may surpass gold ETF in January next year. Bloomberg senior ETF analyst Eric Balchunas also pointed out in a recent article on X that the total assets under management (AUM) of the US BTCSpot ETF have reached $84 billion, which is two-thirds of the assets under management of gold ETFs. At the same time, it is predicted that the asset size of BTC ETF may surpass that of gold ETF when it celebrates its first anniversary in January next year. Suddenly, it is very likely that they (AUM of BTCSpot ETF) will surpass gold on their first birthday. We originally predicted that this would take 3-4 years. Assets in the US spot bitcoin ETFs are now up to $84 billion, which is 2/3 of the way to what gold ETFs have, all of a sudden there's a decent shot they surpass gold bf their first birthday (we predicted it would take 3-4 years). Rich Dad publicly holds 73 BTC and plans to increase his position to 100 BTC: the rise is not over yet! Standard Chartered: The probability of Trump including BTC in US strategic reserves is slim, but it will overturn SAB121 cryptocurrency accounting law after taking office. Bearish on BTC! CryptoQuant CEO warns that BTC may fall below $59,000 by the end of the year, and if the price is guessed correctly, 0.1 BTC will be given away. Can BTC still rise? Analyst judges that the market is not overheated based on two indicators. If Aave were a bank, its $30 billion in deposits would already make it the 64th largest globally, gradually rewriting TradFi with DeFi. This article was first published on BlockTempo, the most influential blockchain news media.