Decentralized Finance (DeFi) saw an amazing growth in 2024, with daily users increasing by 485%. By the end of the year, active wallets reached 24.6 million. Let's explore the factors behind this growth and what to expect in 2025.
Memecoins and AI: The Driving Forces of DeFi
One of the major reasons for DeFi's growth was memecoins like GOAT, PEPE, and ShibaDoge. They acted as easy entry points for newcomers. AI-driven automation of tasks also impacted DeFi significantly, with transactions soaring by 66%.
Impact of Big Tech and Global Support
2024 saw multiple technological innovations, including new blockchain technologies. Layer 2 solutions such as Optimism, zkSync, and Arbitrum enhanced transaction efficiency. Institutional investment was boosted by regulatory clarity, laying a stronger foundation for DeFi's future.
The Future of DeFi: What to Expect in 2025
Looking ahead, 2025 appears bright for DeFi. The rise of zero-knowledge proofs will enhance security and scalability. The tokenization of Real-World Assets will continue, and AI agents will become smarter.
In summary, DeFi is changing how the world views money, and it's only getting started.
