RATE Group | DeFi can take Ethereum higher than 2017 bull run
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DeFi can take Ethereum higher than 2017 bull run

19 May DeFi can take Ethereum higher than 2017 bull run

Posted at 09:17h in Cryptocurrency News by

  • Ethereum became best-known for its CryptoKitties, ICOs, dApps, and smart contracts.
  • Project has new trends — stablecoins and DeFi, which could take its price even higher than the 2017 bull run.
  • This is what Ryan Selkis of Messari recently claimed, though admitting that this is not the time for ETH.

Back in the day, when it first emerged, Ethereum (ETH) came with quite a promise. It was branded ‘The World Computer,’  with claims that it can do anything that can be coded. However, it never received one single thing that it needed to become an essential project, and that would be a killer use case.

Then, it finally happened.

Ethereum’s main use cases are a thing of the past

For a large portion of its history, Ethereum was mostly popular as a platform for developing new coins. Entrepreneurs had a dream of becoming the next Satoshi Nakamoto by using Vitalik Buterin’s platform to create their own tokens.

Most have already seen their project fail, or they ended up…

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