Defi Coins on the Ethereum network have recently declined in parallel with general market movements. However, the distribution plan of the Ethereum Foundation for the ecosystem projects of the Ethereum Foundation can prepare the ground for the rise of these coins. In particular, defi coins such as Lido Dao (LDO), Morpho (Morpho) and Uniswap (UNI) have entered the radar of investors.
Defi: Lido Dao (LDO) is ready for rise
As the largest player in the decentralized finance (defi) industry, Lido Dao has a stacked asset exceeding $ 25 billion. This year, the transaction fee of $ 124 million was the most profitable defi network. Lido Dao’s LDO Token seems to have more rise potential than technical analysis.
The LDO Token graph has created a classic “Cup and Handle” formation and is currently located in the handle. If the price closes above $ 2.48, the LDO is likely to return to the $ 4.04 summit. This means an increase of 125 %compared to the current level. Social media speculation shows that the Ethereum Foundation can allocate some of the remaining ETHs to the Lido network.
Morpho and Uniswap: Great Potential
Morpho attracts attention as one of the leading defi networks operating on Ethereum and Base. Morpho, which has an active credit volume of $ 6 billion and an active credit volume of $ 2.18 billion, has recently been chosen by Coinbase for crypto credit services. While the total locked value in the ecosystem continues to grow, it is possible for the Ethereum Foundation to provide funds to this network. Uniswap (UNI) is one of the best defi coins with long -term return potential. UNI Token loses 50 %of its summit in December, and currently offers an attractive investment opportunity. This year, the Uniswap network has generated $ 146 million trading fee revenue and aims to increase the transaction volume thanks to its newly launched Unichain main network.
Reaching a transaction volume of $ 16 billion in the last seven days, Uniswap continues to be one of the most active defi projects on the market. These strategic distribution of the Ethereum Foundation can accelerate the growth of defi projects. This process for investors can offer great opportunities.
