In terms of token price Ethereum is still buried under the weight of the bears but its potential to fuel a multi-trillion dollar finance market is much greater.

Ethereum Money Protocol in Demand
As a tradable asset Ethereum is still in the depths of a two-year bear market. Prices are back where they were in mid-2017 before cryptocurrencies really took off.
Then came the ICO bubble and Ethereum demand went through the roof propelling ETH prices to giddy heights of $1,400. Today the token is valued at a lowly $160 but its potential to serve as the future of internet money has never been greater.
There is a clear demand for Ethereum’s monetary protocol. This can be evidenced by the rapid growth in DeFi markets over the past year. During 2019 the sector grew 140% in terms of total USD value locked in DeFi.
According to that level is now at a record $788 million and is on track to hit a milestone billion dollars sometime in the first half of this year when ETH prices recover. In terms of ETH, there is 3.1 million locked…

Click to continue reading on its source location…