Dai and the DeFi Landscape: Key Developments in June 2025

In the dynamic world of cryptocurrencies, Dai has maintained a steady presence with its close price on June 14, 2025, recorded at 0.999868. Over the past year, Dai’s price has fluctuated between a high of 1.00099 on November 20, 2024, and a low of 0.998985 on November 12, 2024. The market capitalization of Dai stands at approximately $5.36 billion, reflecting its significant role in the decentralized finance (DeFi) ecosystem.

Ethereum Whale’s Strategic Moves

On June 14, 2025, a notable transaction occurred involving a significant Ethereum holder, identified by a wallet address starting with 0x55D. This Ethereum whale offloaded 1,692 ETH, amounting to approximately $4.31 million, at an average selling price of $2,547 per Ether. The funds were exchanged for Dai (DAI) and Wrapped Bitcoin (WBTC), highlighting strategic asset reallocation amid market volatility. This move underscores the ongoing interest in stablecoins like Dai as a hedge against market fluctuations.

DeFi Lending Achieves New Milestones

The DeFi lending sector has experienced unprecedented growth in June 2025. According to data from DefiLlama, the total value locked (TVL) in lending protocols has surpassed $55 billion, marking the highest level in DeFi’s history. This figure encompasses all assets deposited by lenders and collateral provided by borrowers. Despite a decline in TVL during the first quarter due to external factors such as tariff wars, the sector has rebounded strongly, reflecting growing investor confidence in earning yields through lending.

Furthermore, Token Terminal reports that active loans have reached a record $26.3 billion as of June 2025. This milestone represents the total value of loans borrowed from DeFi lending protocols, indicating robust participation and trust in the DeFi lending space.

RWA Altcoins in Focus

The real-world asset (RWA) altcoin sector has seen contrasting trends this week. Sky (SKY) has emerged as a leader with a 19% weekly gain, driven by the adoption of its upgraded Maker-based ecosystem. In contrast, Plume (PLUME) has experienced a 21% drop following the death of its co-founder, despite a recent mainnet launch and strong investor support. Centrifuge (CFG) has surged over 14% after announcing a $1 billion milestone and expanding real-world asset access on Solana.

Sky Protocol, a decentralized financial system evolving from the Maker Protocol, has introduced upgraded tokens—USDS and SKY—as successors to DAI and MKR. With a market cap nearing $1.9 billion, SKY’s bullish sentiment could push its price toward resistance at $0.094, with potential targets of $0.10 if the upward momentum continues. However, a market downturn could see support at $0.075 broken, with downside targets at $0.069 and $0.0635.

These developments highlight the dynamic nature of the crypto and DeFi markets, with Dai continuing to play a crucial role in the evolving landscape.