As a DeFi analyst with 7 years in blockchain finance, I’ve seen the tide turn. Institutional capital is flooding into DeFi—not as speculation, but as structured finance. HTX Research’s latest data shows TVL surges on EVM and Solana, RWA assets like ONDO are gaining traction, and credit protocols like AAVE and Maple are replacing collateral with on-chain underwriting. This isn’t hype. It’s infrastructure evolving.