Bitcoin DeFi Sets to Reach $7.5 Billion by 2024, Driven by Institutional Interest

The Bitcoin DeFi sector is poised for significant growth, with projections forecasting a milestone of $7.5 billion in Total Value Locked (TVL) by December 2024. This development signals growing institutional interest and a potential shift towards integrating decentralized finance into the Bitcoin ecosystem. The increasing TVL suggests broader adoption and integration of DeFi on Bitcoin, potentially impacting wider financial markets.