On March 5, 2025, Justin Sun’s tweet advocating for the continued development of DeFi led to a 3.7% increase in total value locked in DeFi protocols, reaching $94.3 billion. Major tokens like Aave and Compound saw significant price rises and trading volume spikes, reflecting bullish market sentiment.The surge in trading activity was accompanied by technical indicators showing strong buying pressure, with Aave’s RSI rising to 74. Additionally, AI-related tokens experienced increased trading volumes, suggesting a growing intersection between DeFi and AI technologies.
about Justin Sun's Tweet Sparks Surge in DeFi Trading Activity and SentimentYearn.finance
0 in Finance and 0 in Crypto last weekAndre Cronje Reveals SEC Pressure Led to His Exit from Crypto
Andre Cronje, founder of the Sonic blockchain, revealed that regulatory pressure from the SEC led him to quit the crypto space in 2022. After receiving multiple hostile inquiries regarding his DeFi platform Yearn Finance, he found himself diverted from development to focus on legal battles, ultimately choosing to step away due to the stress and lack of personal benefit. Now, he shares his experience as the SEC shifts its approach.
about Andre Cronje Reveals SEC Pressure Led to His Exit from CryptoAndre Cronje’s Departure from DeFi Due to SEC Investigations and Challenges
Andre Cronje, a key figure in DeFi, left the sector in 2022 due to ongoing legal challenges from the SEC regarding his projects, particularly Yearn Finance. Despite raising no funds or selling tokens, the SEC’s inquiries consumed his time and resources, ultimately leading him to step away from innovation. Now, with a shift in the SEC’s leadership, Cronje has returned to the crypto space as co-founder of Sonic Labs, focusing on a new blockchain solution.
about Andre Cronje's Departure from DeFi Due to SEC Investigations and Challenges