🚨 ETHEREUM LENDING BOOM 🚨

$ETH active loans have now surged past $28 BILLION, marking an incredible 10x growth since 2023.

This massive rise highlights the rapid expansion of on-chain lending, growing DeFi adoption, and increasing confidence in Ethereum’s financial infrastructure. As capital efficiency improves and demand for decentralized borrowing rises, Ethereum continues to strengthen its position as the backbone of the DeFi economy.

$ETH #Ethereum #DeFi #CryptoMarkets #OnChainData

ETH

1,953.63

-2.65%