The Nansen report emphasizes the growth of Defi and NFTS in 2021-Defi

nansen, a cryptocurrency and blockchain statistics and analysis platform, has published a report on the growth of decentralized financing (DEFI) in 2021. The document shows how Defi managed to continue to grow and open the field for new participant chains. Non -fogible tokens (NFTS) also had a remarkable year in which many new wallets recorded growth.

Nansen reviews in 2021

nansen, a blockchain analysis company supported by Coinbase Ventures and A16Z, has a test report Growth that decentralized finances and NFTs experienced last year. The document entitled "Nansen’s State of the Crypto Industry Report 2021" shows how defi The growth accelerated and nfts stairs to an important part of the Crypto industry and other industries and even attracted celebrities.

In terms of defi, Nansen estimates the growth of the market compared to 2020 to 1,120 % in TVL. While Ethereum ended the year with a dominance of 70 % in the Defi sector, the inability of the crypto to scale opened the doors for other solutions. bsc and were two of these chains that have the number of transactions on Ethereum in their peak times Exceeded 1,345 % or 760 %. Solana and avalanche achieved a significant level of activity in their networks in the same way.

When it comes to protocol activities, uniswap and AAVE were two of the protocols that registered significant movements, and Lido, an ETH2-staking protocol, also recorded a great participation eth whale.

nftts in abundance and abundance

Another remarkable phenomenon of the last year was the rise of the NFT market. With projects such as Cryptopunks and Bored Yacht Ape Club as a pioneer, NFTS managed to attract the attention of celebrities such as Stephen Curry and Jay-Z, who replace their avatars on social media with pictures of these NFTs.

Data from the report show that the NFT market flourished in 2021 and experienced two remarkable highlights in the course of the year. The highest trade took place around August 29, with sales for 132,000 eth , worth 422 million US dollar. The NFT market recorded a turnover of 4.6 million eth worth $ 17 billion. Nansen also provides information about the rise of Smart Money in connection with this new market, whereby the 10 best NFT dealers record profits of more than $ 185 million.

The company believes that similar topics will continue to grow and develop on the Defi market this year. High quality daps, decentralized stable coins, state regulation and NFT innovation are some of these topics.

What do you think about Nansen's latest defi report? Tell us in the comment area below.

Sergio Göschenko

sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late in the game and entered the cryptosphere when the price increase took place in December 2017. He has a background as a computer engineer, lives in Venezuela and is affected by the cryptocurrency boom on a social level. It offers a different perspective on the crypto success and how it helps those who have no bank account and are under-supplied.

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