DefiLlama finds nearly 90% of FXRP circulating supply in DeFi
A DefiLlama report finds nearly 90% of FXRP's circulating supply is deployed in DeFi, with lending markets making up the largest share.
JAN3 CEO Samson Mow argues that Bitcoin treasury firms like Strategy (MSTR) are undervalued, serving as a buyer of last resort that drives prices higher.
According to Samson Mow, CEO of JAN3, many Bitcoin treasury firms are not given enough attention, with Strategy (MSTR) standing out as particularly underpriced. He outlined how these companies function as a buyer of last resort for Bitcoin, purchasing consistently regardless of market fluctuations and setting off a cycle that ought to boost the value over the long run. Mow also pointed out that the optimal period to establish a Bitcoin treasury business or a Bitcoin bond is when valuations are depressed, and how nation-states interested in Bitcoin are fueling a global scramble for a scarce resource.
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A DefiLlama report finds nearly 90% of FXRP's circulating supply is deployed in DeFi, with lending markets making up the largest share.
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