In a recent discussion, Charles Hoskinson stated that Cardano stands at the forefront of Bitcoin DeFi, a market he describes as vastly untapped. He notes the dominance of Ethereum and Solana in the DeFi space, yet believes Bitcoin’s potential in this area is enormous.
For 2025, Cardano plans to enhance its Bitcoin DeFi offerings, improve scalability, and connect more with projects like Chainlink. Currently, Solana leads DeFi TVL at 111.3 billion USD and Ethereum at approximately 61.2 billion USD.
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