Analyst: 2021 a Perfect Time For Ethereum, Decentralized Exchanges to Boom

The third quarter of 2020 has seen the strong resurgence of decentralized finance (DeFi) on Ethereum. With it, the demand for decentralized exchanges (DEXes) surged, causing Uniswap to briefly overtake Coinbase Pro at one point.
Heading into 2021, Ethereum and decentralized exchanges would likely perform even better, quant trader Qiao Wang said.
Two Reasons an Ethereum and Decentralized Exchange Take Off in 2021 is Likely
From July to September, DeFi and decentralized exchanges saw a massive spi