Shade Protocol (SHD), Silk (SILK) - ShadeX - 05 Mar 2025
ShadeX is introducing the first encrypted money market, which may increase interest in SHD and SILK. By enhancing privacy in lending and borrowing, it's appealing to privacy-focused investors and DeFi enthusiasts. This launch could attract institutional investors who prioritize data security, potentially boosting liquidity and driving prices higher. However, the actual impact will largely depend on ShadeX's user adoption and competitive edge in the DeFi space. Market participants should monitor how quickly and widely ShadeX is embraced post-launch to gauge potential price movements in SHD and SILK. source