An Apollo Crypto report links DeFi resurgence to US Federal Reserve rate cuts, China’s credit expansion, and improved DeFi infrastructure.
Uniswap and Maker are spearheading the second DeFi boom amidst Fed rate cuts and China's credit expansion, as per Apollo Crypto's report.
NFT sales fell by 44% in Q2 due to memecoin hype and market downturn.
Apollo Crypto's investment chief links a 44% drop in NFT sales in Q2 to memecoin hype and market downturn.