Crypto Lending Market Shows Signs of Resurgence: Recovery in Decentralized Sector

A recent report by Galaxy Research indicates that the crypto lending market is experiencing a resurgence, particularly within the decentralized space. While still below pre-2022 levels, the total market size reached $36.5 billion by year-end 2024, including loans backed by stablecoin collateral. This represents a significant decline from the peak of $64.4 billion during the 2021 bull market fueled by speculative investment.