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Nansen Report: AI and emerging NodeFi markets may become the most active vertical markets in the DeFi field

2024-10-16 01:40
Odaily News According to a report from Ethereum blockchain analytics platform Nansen and lending protocol MetaStreet, artificial intelligence and the emerging "NodeFi" market may become the most active verticals in the DeFi space. The report states that the cryptocurrency market "is moving beyond the initial focus on ERC-20 tokens and DeFi," and that these dominant technologies will eventually stabilize. As the generative AI industry matures, emerging blockchain-based verticals such as distributed computing and GPU-as-a-service projects are expected to show relatively explosive growth. According to the report, the vertical with the greatest growth potential is the DePIN project. (Cointelegraph)