Flow's DeFi TVL rose 46.3% to $68 million, making Q2 its best quarter yet.Flow's DeFi TVL rose 46.3% to $68 million, making Q2 its best quarter yet.

Flow records strongest quarter yet with DeFi growth: Messari report

Flow’s DeFi ecosystem is growing fast, with DeFi TVL up 46% quarterly to $68 million.

Summary
  • Flow’s DeFi TVL rose 46% to $68 million in the last quarter, best performance yet
  • The chain is shifting its strategy to stablecoins, liquid staking, and DeFi.
  • PayPal’s PYUSD supply on Flow rose 212% QoQ to $26.2 million

Once dismissed as an NFT chain whose time had passed, Flow (FLOW) is slowly making a comeback. On Thursday, August 21, Messari released a report on the state of the Flow ecosystem in the second quarter of 2025. The report reveals a 46% jump in TVL to $68 million, making it the best-performing quarter to date.

The growth is coming less from collectibles and more from stablecoins, liquid staking, and DeFi. Notably, Flow has seen significant interest in stablecoins, with PayPal’s PYUSD supply rising 211.9% QoQ to $26.2 million. This made PYUSD the biggest stablecoin on the network.

At the same time, developer activity saw a boom, with a 473% QoQ jump in smart contract deployments. April was the most active month for contract deployments, with deployments reaching 45,239. What’s more, user interest grew even further, with average daily transactions on Flow up 602% to 40.1k, following the LayerZero integration.

Smart contract deployments on Flow

Flow pivots from early NFT strategy

Rising activity shows that Flow has successfully pivoted from its early NFT focus. Launched by Dapper Labs in 2020, the creators of Ethereum-based (ETH) CryptoKitties NFTs, Flow has seen a significant transformation. At its inception, it was a response to the congestion that CryptoKitties created on Ethereum. Flow was supposed to be a layer-1 chain that could handle mass consumer dApps.

At the time, it rode the early NFT wave, securing partnerships with giants such as Disney, the NFL, and the NBA. However, the decline in interest in digital collectibles led Flow to shift its strategy, with a greater focus on DeFi.

Market Opportunity
DeFi Logo
DeFi Price(DEFI)
$0.000537
$0.000537$0.000537
+1.12%
USD
DeFi (DEFI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Will Bitcoin Soar or Stumble Next?

Will Bitcoin Soar or Stumble Next?

The post Will Bitcoin Soar or Stumble Next? appeared on BitcoinEthereumNews.com. With the Federal Reserve’s forthcoming decision on interest rates causing speculation, Bitcoin‘s value remains stable at $115,400. China’s surprising maneuvers in the financial landscape have shifted expected market trends, prompting deeper examination by investors into analysts’ past evaluations regarding rate reductions. Continue Reading:Will Bitcoin Soar or Stumble Next? Source: https://en.bitcoinhaber.net/will-bitcoin-soar-or-stumble-next
Share
BitcoinEthereumNews2025/09/18 03:09
Cardano Latest News, Pi Network Price Prediction and The Best Meme Coin To Buy In 2025

Cardano Latest News, Pi Network Price Prediction and The Best Meme Coin To Buy In 2025

The post Cardano Latest News, Pi Network Price Prediction and The Best Meme Coin To Buy In 2025 appeared on BitcoinEthereumNews.com. Pi Network is rearing its head, and Cardano is trying to recover from a downtrend. But the go to option this fall is Layer Brett, a meme coin with utility baked into it. $LBRETT’s presale is not only attractive, but is magnetic due to high rewards and the chance to make over 100x gains. Layer Brett Is Loading: Join or You’re Wrecked The crypto crowd loves to talk big numbers, but here’s one that’s impossible to ignore: Layer 2 markets are projected to process more than $10 trillion per year by 2027. That tidal wave is building right now — and Layer Brett is already carving out space to ride it. The presale price? A tiny $0.0058. That’s launchpad level, the kind of entry point that fuels 100x gains if momentum kicks in. Latecomers will scroll through charts in regret while early entrants pocket the spoils. Layer Brett is more than another Layer 2 solution. It’s crypto tech wrapped in meme energy, and that mix is lethal in the best way. Blazing-fast transactions, negligible fees, and staking rewards that could make traditional finance blush. Stakers lock in a staggering 700% APY. But every new wallet that joins cuts into that yield, so hesitation is expensive. And let’s not forget the kicker — a massive $1 million giveaway fueling even more hype around the presale. Combine that with a decentralized design, and you’ve got something that stands out in a space overcrowded with promises. This isn’t some slow-burning project hoping to survive. Layer Brett is engineered to explode. It’s raw, it’s loud, it’s built for the degens who understand that timing is everything. At $0.0058, you’re either in early — or you’re out forever. Is PI the People’s Currency? Pi Network’s open mainnet unlocks massive potential, with millions of users completing…
Share
BitcoinEthereumNews2025/09/18 06:14
Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

The post Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin! appeared on BitcoinEthereumNews.com. While the number of Bitcoin (BTC) treasury companies continues to increase day by day, another Nasdaq-listed company has announced its purchase of BTC. Accordingly, live broadcast and e-commerce company GD Culture Group announced a $787.5 million Bitcoin purchase agreement. According to the official statement, GD Culture Group announced that they have entered into an equity agreement to acquire assets worth $875 million, including 7,500 Bitcoins, from Pallas Capital Holding, a company registered in the British Virgin Islands. GD Culture will issue approximately 39.2 million shares of common stock in exchange for all of Pallas Capital’s assets, including $875.4 million worth of Bitcoin. GD Culture CEO Xiaojian Wang said the acquisition deal will directly support the company’s plan to build a strong and diversified crypto asset reserve while capitalizing on the growing institutional acceptance of Bitcoin as a reserve asset and store of value. With this acquisition, GD Culture is expected to become the 14th largest publicly traded Bitcoin holding company. The number of companies adopting Bitcoin treasury strategies has increased significantly, exceeding 190 by 2025. Immediately after the deal was announced, GD Culture shares fell 28.16% to $6.99, their biggest drop in a year. As you may also recall, GD Culture announced in May that it would create a cryptocurrency reserve. At this point, the company announced that they plan to invest in Bitcoin and President Donald Trump’s official meme coin, TRUMP token, through the issuance of up to $300 million in stock. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/another-nasdaq-listed-company-announces-massive-bitcoin-btc-purchase-becomes-14th-largest-company-theyll-also-invest-in-trump-linked-altcoin/
Share
BitcoinEthereumNews2025/09/18 04:06