Bitcoin

<p><strong>Liquid staking in the DeFi sector is doing really well. It’s gone up by a huge 292% to reach $20 billion, which is close to the highest it’s ever been.</strong></p><p>In the world of cryptocurrencies, something called “liquid staking” has made an incredible comeback. While the overall <a href="https://cryptosheadlines.com/us-fed-chair-signals-two-additional-rate-hikes-as-cryptocurrency-market-experiences-volatility/" rel="noopener noreferrer nofollow">cryptocurrency market</a> wasn’t doing so great, liquid staking stood out. People put a lot of money into these liquid staking services, and it went up by a huge 292% to $20 billion. This is a big <a href="https://cryptosheadlines.com/dogecoin-price-bounces-back-following-2023s-biggest-doge-shorting/" rel="noopener noreferrer nofollow">bounce back</a> from a problem they had in June 2022.</p><h3 id="liquid-staking-thriving-in-the-defi-sector">Liquid Staking Thriving in the DeFi Sector</h3><p>Liquid staking has become the most popular part of decentralized finance (DeFi), even more than lending. Some liquid staking services like Lido and Rocket Pool were doing really well in April last year, with over $21 billion in assets. But then, they went down because of problems with a stablecoin called TerraUSD and a big drop in the cryptocurrency market. <a href="https://cryptosheadlines.com/defi-approaches-record-high-as-cryptocurrency-recovers-bloomberg-reports/" rel="noopener noreferrer nofollow">Read More...</a></p>

DeFi Approaches Record High as Cryptocurrency Recovers: Bloomberg Reports

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