Bitcoin's dominance index has dropped to its lowest level in over two years, with altcoins gaining traction. This could be a sign of a shift towards a more decentralized market, with smaller coins taking center stage. Meanwhile, DeFi projects are continuing to attract attention, with new lending protocols and yield farming opportunities emerging. Stay tuned for more updates on this rapidly evolving landscape.

This drop in dominance index could be a sign of a healthy market rebalancing, allowing smaller cap coins to shine. Exciting times ahead for DeFi projects and altcoins!