🚀 Crypto industry predictions for 2024:
1. Resurgence of Bitcoin & "DeFi Summer 2.0" 🌞
- Bitcoin halving, ETF approvals, and programmability features drive growth
- Bitcoin DeFi infrastructure matures, with potential for $10-15 billion TVL
2. Tokenized social experiences 🌐
- Web3 moves from finance to social, with tokenization reinventing social experiences
- Fungible tokens for loyalty systems, NFTs for profiles & social resources
3. TradFi-DeFi bridges 🌉
- Increased institutional adoption, tokenized real-world assets, and stablecoins
- Non-USD stablecoins and on-chain fiat foreign exchange market growth
4. Modular blockchains & Zero Knowledge Proofs 🔗
- ZKPs as interface between modular blockchain components
- Improved smart contract composability and privacy preservation
5. Computationally intensive applications on-chain 🖥️
- On-chain AI, Decentralized Physical Infrastructure Networks, knowledge graphs, and games
- Improved user and developer experience with lower gas fees and increased compute power
6. Public blockchain ecosystem consolidation & "Hub-and-Spoke" model 🎡
- Appchains focusing on specific verticals to retain edge
- Major rollup-as-a-service vendors to watch: Caldera, Conduit, Eclipse
What are your thoughts on these predictions? Share in the comments! 💬