As the cryptocurrency market steps into March 2025, a striking trend has crystallized: liquidity is visibly migrating from meme coins to decentralized finance (DeFi) ecosystems. This shift, now evident through on-chain metrics and market chatter, underscores a potential turning point in the crypto landscape. While meme coins have long thrived on viral hype and speculative mania, the spotlight in early March is increasingly turning toward DeFi’s utility-driven platforms, hinting at a market prioritizing substance over spectacle.