InstadApp is a DeFi blue-chip that has ranked among the top protocols by TVL since the early days of DeFi. As one of the most established names in the space, its ecosystem has now expanded significantly with the introduction of Fluid, a liquidity layer powering both the Fluid Lending Market and the Fluid DEX. We argue this is yet to be fully reflected in the token’s price.
Currently, $INST serves as the governance token for the entire ecosystem. However, its utility has not evolved alongside the ecosystem’s rapid growth. With increasing regulatory clarity in the U.S. and recognition that $INST’s role must expand to reflect the protocol’s broader capabilities, we believe a fundamental shift in token utility is imminent.
Source: Kaito.ai – Both mindshare and sentiment are at all-time-highs
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