The future of DeFi isn’t on Ethereum — it’s on Bitcoin

paxful

As Ethereum’s DeFi ecosystem falters and Solana succumbs to speculation, Bitcoin quickly becomes the unlikely hero of decentralized finance.

Opinion by: Matt Mudano, CEO of Arch Labs 

Ethereum is struggling, and decentralized finance (DeFi) is suffering as a result. Layer-2 (L2) solutions have fractured liquidity, making capital inefficient. In search of greener pastures, the community has turned to Solana — only to find a memecoin-driven ecosystem fueled by pump-and-dump schemes, attracting liquidity extractors, and turning the chain into a playground for speculation and fraud.

DeFi needs a reset that returns to first principles and aligns with Satoshi’s original vision of a decentralized financial system. The only network capable of sustaining the next evolution of DeFi isn’t Ethereum or Solana. It’s Bitcoin.

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