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Even if you don't have $BTC in your portfolio, the historical high is still a reason to rejoice. At least because BTC is the engine of cryptocurrency and together with it the whole web3 world comes to life.
First of all, #altseason# starts usually when bitcoin is at ATH. Liquidity spills over into other blockchains which formulates an overall bullish backdrop
Second, something that not many people focus on is the pushing of boundaries. More and more new people are coming into crypto and adding their liquidity, and more institutions are becoming interested in the field, looking at the increase in overall attention to BTC.
What follows from this is that overall volumes are increasing. Not only in BTC, but also in other networks. Let's take TON as an example, because it reacted strongly to the growth of BTC and rose in price by ~10% in 7 days. So, volumes are rising, which means APRs are rising on STONfi, the leading DEX on this blockchain, and here are some of the current liquidity pools:
- BLUM/TON: 245% APR
- TONG/TON: 53% APR
- JETTON/USDT: 48% APR