Part 6/8:
Meron highlights two promising projects in the DeFi space: Lens and Alis Network. Lens offers a multifaceted DeFi application that provides fixed-rate lending and borrowing options, enhancing security and clarity for users. On the other hand, Alis Network aims to integrate cross-chain DeFi activities into a single application, which could bring substantial efficiencies in liquidity and usability.
Equities Perspective: Bullish Sentiments Persist
Turning to equity markets, Meron indicates an optimistic outlook following the S&P 500’s successful breach of historical resistance levels. A focus on semiconductors as a critical indicator of sustained market strength is warranted; they must hold above their 200-day moving averages to suggest stability.