This Analyst Highlights the Top 5 DeFi Coins Poised for 10x Growth This Cycle!

Crypto analyst Sjuul from AltCryptoGems shared on X (formerly Twitter) their top five DeFi tokens for this market cycle.

Having analyzed over 100 DeFi projects, the analyst pointed to advancements in scalability, affordability, and real-world utility as key drivers behind DeFi’s comeback. Each tweet in the thread offers insights into the DeFi market’s resurgence and their top picks for the cycle.

DeFi Resurgence: Trump Effect and Record-Breaking TVL

Sjuul set the stage by highlighting the renewed interest in DeFi. They partly attributed this resurgence to Donald Trump's involvement, stating that Trump's win has sparked a "DeFi renaissance."

Trump has reportedly launched his own DeFi project and also made multiple DeFi coin investments, emerging as a major DeFi proponent.

Real-World Utility, Evolving Fundamentals

The analyst emphasized the sector's evolution since the previous cycle. While earlier DeFi projects focused mainly on lending, borrowing, and basic DEXes, the current DeFi landscape spans functionalities comparable to traditional finance (TradFi).

DeFi protocols now handle everything from trading futures to lending and fundraising, including launch pools. The numbers show this growth—we're seeing record-breaking TVL and more users than ever joining these platforms daily. Some DEXes even outperformed centralized exchanges (CEXes) like Coinbase in daily trading volume.

Affordability, Scalability Address Past Challenges

Sjuul pointed out that high gas fees and slow transactions were barriers in the previous cycle. However, advancements in Layer 1 and Layer 2 solutions such as Solana, SUI, Base, and Arbitrum have made transactions faster and more affordable.

With fees as low as $0.01, DeFi is now more accessible, even during market surges. The analyst projected significant growth, with DeFi TVL potentially exceeding $400 billion by the cycle peak.

Top 5 DeFi Picks for This Cycle

In a series of tweets, Sjuul also detailed their top five DeFi picks for this cycle:

Sjuul's analysis highlights DeFi's growing maturity and potential, fueled by technological advancements and a diverse range of innovative projects.