Crypto adoption has experienced significant growth and evolution over the years, driven by various trends and accompanied by several challenges. Let's explore some of the key trends and challenges in crypto adoption:

Decentralized Finance (DeFi) refers to an ecosystem of financial applications and services built on blockchain technology, primarily Ethereum, that aim to democratize and decentralize traditional financial systems. DeFi offers innovative solutions for lending, borrowing, trading, asset management, and other financial activities, bypassing intermediaries and enabling greater financial inclusion, transparency, and efficiency. Here are some essential components and concepts of DeFi: