The Rise of Ethereum DeFi
The Solana meme season produced some of the best crypto investment picks for the first half of 2024. However, with the meme coin hype dying down, attention has turned to the Ethereum (ETH) DeFi market, poised for a major explosion through the rest of this year.
The Role of Spot Ethereum ETFs
The green light for spot Ethereum ETFs may spark the beginning of the next DeFi season. They are even more enthusiastic about this next step since DeFi has the long-term growth that meme coins fail to demonstrate. Therefore, if you didn’t catch the meme season then Rollblock (RBLK), Aave (AAVE), and Lido (LDO) are the best DeFi tokens to consider.
Rollblock (RBLK)
Rollblock (RBLK) is simplifying access to a $450 billion market with its revolutionary GambleFi protocol on the Ethereum network. It enables users to participate in gambling and casino markets without the need for sign-up KYC checks, ensuring anonymity and security. The transparent and provably fair processes on Rollblock have attracted significant attention, with the RBLK token already showing promising growth.
- RBLK token has sold more than 40 million tokens since ICO.
- Current price of RBLK is $0.012, with forecasts suggesting a rise to $5.
Aave (AAVE)
Aave (AAVE) is a leading DeFi lending protocol, with analyst forecasts predicting a potential 400% increase in value by 2024. The upcoming v4 protocol launch further supports this outlook, making Aave an ideal investment choice during the DeFi season.
- Analysts predict AAVE could reach $400 this year.
Lido DAO (LDO)
Lido DAO (LDO) offers high staking rewards and accessible ETH staking. Recent rallies and recovery above 700-day support indicate a potential major price rise in the coming weeks. With its TVL nearing all-time highs, Lido is positioned as one of the best DeFi tokens to buy now.
- LDO token could spike from $2 to as high as $8.
In Conclusion
The next big move in the crypto space looks to be sponsored by DeFi. The top three DeFi projects that look to lead this move are Rollblock, Aave, and Lido. Savvy investors are already buying these tokens, especially RBLK, to potentially capitalize on the upcoming DeFi season.
