Top crypto + DeFi news this week 🗞️
• Sky (formerly Maker) will penalize users who delay migrating from MKR to SKY as part of its Endgame overhaul, aiming to boost adoption of its new stablecoin (USDS) and governance system amid low uptake.
• Solana now leads all Layer 1s in DeFi dApp revenue, capturing over 50% of the market, driven by memecoin activity and platforms like PumpFun, while Ethereum trails at just 12.8%.
• ETHFI token surged 86% after expanding buybacks funded by protocol revenue and exit fees, highlighting a fundamentals-based strategy with rising TVL and attention from major DeFi figures.
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