I’ve talked about $CORE’s flywheel before, and now there's another angle brewing that’s hard to ignore
Look this is the first cycle where Bitcoin actually has a DeFi layer, as we have seen major infra getting built out over the past few years.
And it’s very early if you look at the numbers:
ETH DeFi = ~17% of ETH mcap
SOL DeFi = ~10% of SOL mcap
BTC DeFi is just a fraction of this trillion-dollar asset, so if the narrative catches, things could get wild.
To me, $CORE stands out as one of the largest Bitcoin DeFi infra plays, with a flywheel where the token directly benefits as BTC DeFi activity picks up.
Meanwhile, the team has been shipping its biggest upgrades like lstBTC, Rev+, stablecoin rails, and major dapps - all landing in the same window.
From a chart perspective,
price is sitting on strong HTF support and pressing against the downtrend range. Flip the $0.81 region with volume, and it could run.
DeFi metrics look good too with over 246M+ $CORE and 5K+ $BTC staked.
So yeah, worth keeping an eye.
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