If tokenization is 1 of top 5 crypto asset trends to watch in 2024, what are the other 4?
1️⃣ Multiple L1s – Unlike previous cycles when Ethereum was the only game in town, there are multiple credible and successful competitors in town for the first time.
Solana recently flipped Ethereum in onchain activity in the first time while Avalanche recorded $15million in weekly revenue.
2️⃣ NFT Gaming – Unlike the rudimentary games, such as Axie Infinity, that drove the last gaming cycle, this time there are many AAA-level games that are fun to play. Depending on your preference, Parallel Life offers an experience comparable to Hearthstone and Magic while Shrapnel offers a play style similar to Call of Duty. Instead of Play-to-Earn, we are now firmly in Play-and-Earn era.
3️⃣ Bitcoin Staking and L2s – With the highly anticipated spot Bitcoin ETF approvals around the corner and the explosion of fee revenue coming from Inscriptions, unlocking hundreds of billions in value and leveraging the world’s biggest and most resilient crypto asset is gathering steam. Stack is the leading player in this market while new entrants are waiting in the wings.
4️⃣ Liquid Restaking – Why hold an unproductive asset when you can earn yield on it? Ethereum’s next big catalyst may be the liquid restaking mechanism that will make it the most productive digital asset of size.
Want to know more about each of these adoption trends? Interested in the top crypto asset trends for 2024? Dive deeper into each trend, from multiple L1s and NFT gaming to Bitcoin staking and liquid restaking. Stay ahead in the evolving crypto world!
