IntoTheBlock

Lending protocols’ share of total DeFi TVL has trended upward over the last 12 months, increasing from 16.6% in January 2025 to more than 21.3% at present.

Treasuries keep stacking Bitcoin.
More than 23k BTC added so far in January, pushing total treasury holdings to 1,913,908 BTC.
That’s about 9.5% of all circulating Bitcoin.

Tokenized stocks have been steadily growing, with market caps rising another 16% in the past 30 days after an already succesful Q4 of '25.
Continued integration by exchanges and fintech platforms could turn this into a multi-trillion-dollar market.

The biggest legislative development this week was the CLARITY Act. Its core value proposition is establishing a bright-line test for determining asset classification, replacing the SEC’s more amorphous approach to labeling crypto assets as securities.

Ethereum daily transactions hit an impressive new high of 2.8 million on Thursday, 64% higher than the daily levels observed during the 2021 bull market

This week saw a massive shift towards BTC accumulation with -$1.65 billion in net outflows from exchanges.
This indicates a strong preference for cold storage holding, effectively creating a supply shock that removes significant liquidity from the sell-side order books.

The number of daily Ethereum transactions just hit a new all-time high of 2.3M!

The total RWA value on @StellarOrg has increased by more than 50% in the past month, and is currently approaching $1 Billion

Basis trade protocols were one of DeFi’s biggest growth stories last year.
Ethena led the surge and the number of similar protocols roughly doubled. Since the peak, TVL is down ~50% and has been mostly flat since December.
Do you expect a comeback, and what would be the catalyst?

This chart shows the distribution of RWA value across chains.
Ethereum remains the largest, followed by Solana and Algorand