dYdX Ditches Ethereum: Building its Own DeFi Future

dYdX made headlines by leaving Ethereum’s layer-2 ecosystem and launching a standalone blockchain powered by Cosmos. CEO Charles d’Haussy believes this move is proof of the future dominance of app-specific blockchains in DeFi. Analyzing market trends, he predicts Bitcoin reaching $150,000 and Ethereum hitting $5,000 by October 2025. He further highlights stablecoin growth and real-world asset (RWA) adoption as key drivers behind this next phase of the crypto landscape.