Oracle-focused tokens accumulate as DeFi searches for trusted data providers

Oracle-focused tokens accumulate as DeFi searches for trusted data providers

For the astute cryptocurrency enthusiast, the sight of multiple large-cap tokens that have more than tripled in value since November 2020 is a healthy sign that a bull market cycle is underway.

Aside from a breakout in the price of (BTC), Ether (ETH) and altcoins, every bull market in the crypto sector is defined by one or two key themes that emerge as the driving force behind market excitement.

Total value locked in DeFi. Source: DeFi LamaLINK / USDT daily chart. Source: TradingViewBAND / USDT daily chart. Source: TradingViewAPI3 / USDT 4-hour chart. Source: TradingViewDIA / USDT 4 hour chart. Source: TradingViewUMA / USDT daily chart. Source: TradingView

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