The first half of 2022 has proven to be challenging for investing in risky assets — even for not-so-risky ones. Crypto has not been spared from the market downturn. Nonetheless, continued developments and innovation in the crypto ecosystem contributed to an optimistic view of the future of crypto, according to Binance Research.
For one — the recently published Binance Half-Year Report 2022 shows that competitionbetween layer-ones remains as fierce as ever. The total value locked of L1s declined throughout the year, and Ethereum has been losing market share to alternative L1s. Ethereum’s market share of TVL dropped from 96.91% at the start of 2021 to 59.01% by June 2022. Yet neither of them stopped innovating and the focus on increased scalability is still persistent — despite the different approaches towards it.
Another key takeaway was the dominance of Ethereum in DeFi — which has continued to decline as other chains, such as the BNB Chain, catch up. Development in the space remains strong and fundraising in DeFi — $2.6 billion so far this year — has already hit an all-time high. On the regulatory front, the team portrayed an optimistic view, seeing regulation as "nothing bad per se" as they believe that "proper regulation can foster increased institutional adoption and enhance consumer protection while at the same time allowing cryptocurrencies to see further adoption."
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Yess! It’s important to invest in projects that keeps building during markets like this. $FLOKI has just released their bullish roadmap for the next few months. The flippening doesn’t happen in the bullrun and FLOKI has already more utility than shib 😌
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FLOKI keeps on BUILDING. JULY'22: - Gemstone NFT - Project L Q3'22: - Cross chain bridge - Valhalla alpha version patch update - DeFi (staking & farming) Q4'22: - Floki Debit Card - Full DAO - Floki University public launch - Floki Marketplace - Valhalla Release
these are gloomy in a bear 🐻 market if they buy these real 💎s GroveToken and ReflexFinance in safemoon Swap stake it in GroveToken, Reflex_Finance and TeamBrewlabs Staking, Tokenomics, Burn DeFi Deflationary DYOR NFA
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Exactly what the team at Floki are doing with this time , bunker down and BUIDL With the recent Roadmap release from the team RealFlokiInu it’s evident that bull or bear the BUIDL will continue Heavy utility focus is the name of the game here 🔥
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