Several key factors are aligning to suggest that the next bull run could be the biggest one yet. The reasons why the upcoming surge in the crypto market could surpass all expectations:
Proofs of Concept and Emerging Use Cases: Focus has been on proofs of concept with sustainable use cases in decentralized trading and lending/borrowing.
Speculation in NFTs, metaverse, gaming, and ZKs, with expected practical use cases to increase adoption.
Crypto Infrastructure Matures: Improved infrastructure allowing dApps to reach their full potential, attracting genuine users beyond speculators.
Adoption of Innovations: Shift from attracting only innovators to a broader user base, fostering growth and innovation in the crypto ecosystem.
Migration from Web 2 to Web 3: Anticipated large-scale user migration to Web 3, decentralizing the internet and expanding dApps usage .
Emergence of Breakthrough dApps: Potential for certain dApps to rapidly attract millions of users, driven by both large corporations and grassroots projects.
Regulatory Clarity: Despite lack of clarity in the U.S., innovative dApps may thrive in a regulatory grey area, encouraging growth in the crypto market.
Convergence of Trends: Intersection of crypto, AI, and the metaverse expected to drive significant innovation and investment, leading to explosive growth.
#Bitcoin ETF approvals.
To summarize: The combination of infrastructure maturation, innovation adoption, technological convergence and trillions on dollars coming to the market, is priming the crypto market for an unprecedented growth cycle.