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Ethereum Rises 7%, UNI and AAVE Surge Following SEC Chair's Pro-DeFi Remarks

2025/06/11 08:43
CoinPost
Written by L.Kikutani
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Ethereum Rises 7%, UNI and AAVE Surge Following SEC Chair's Pro-DeFi Remarks

Outperforming BTC

In response to the new SEC Chairman Paul Atkins' supportive statements on decentralized finance (DeFi), Ethereum and related tokens have seen significant increases. According to CoinGecko, Ethereum (ETH) rose by 7% on the 10th, nearing $2800. The rise in DeFi-related tokens was even more pronounced, with decentralized exchange Uniswap up by 25%, lending leader Aave by 14%, and HYPE by 12%. These are all tokens that were heavily regulated under enforcement actions by the SEC during the previous Biden administration, and they are now experiencing rapid surges. Chairman Atkins, in a DeFi roundtable discussion on the 9th, emphasized the economic...

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.