Significant growth in the crypto market 2024

The crypto market has seen significant growth and potential opportunities for investment, particularly in next-generation infrastructure projects, NFTs, and specific BRC 20s and Cosmos projects.

• The world’s largest cryptocurrency exchange report highlights the doubling of the total market cap last year, with most gains in Q1 and Q4, increasing network activity and interest in Bitcoin, correlations for BTC, and upcoming Bitcoin ETF approvals and halving in April.
  
  • The world’s largest cryptocurrency exchange published a report on the crypto market, noting that the total market cap doubled last year, with most gains in Q1 and Q4, and the report unpacks what’s been happening with layer one cryptocurrencies.
  • the increasing network activity and interest in Bitcoin, noting the growth across multiple metrics and the correlation to tech and small-cap stocks.
    
  • The report discusses correlations for BTC and reveals some BRC 20s on their radar, including Audi SATs and three others, as well as the impact of Bitcoin ETF approvals and the upcoming halving in April.
    
• Bitcoin’s price may double due to halving; layer 2s and liquid staking tokens are predicted to become popular in the future.
  • BTC’s price could double or more due to a halving in supply, and transaction fees may be required for miners to stay incentivized in the future.
    
  • Bitcoin layer 2s are predicted to become popular due to increased fees on the base chain, and there is a rising popularity of liquid staking and growing use of liquid staking tokens in defi for ethereum, and BNB is technically independent of Binance.
    
• Solana and BNB are seeing growth in value locked in defi protocols, while Solana is positioning itself as a payment rail for USDC, and Avalanche and Cosmos are also notable blockchain ecosystems being closely monitored.
  
  • New data storage platform Greenfield and layer 2 op BNB on BNB, growth in total value locked in defi protocols, updates on Solana’s outage issues, a new validated client fire dancer, airdrops for Solana, including Pyth Network, and growth of Solana’s DePin and payments ecosystems.
    
  • Solana is the top blockchain for DePin cryptos and is positioning itself as a payment rail for USDC, Avalanche has seen impressive growth with its subnets, and Cosmos is also discussed as a notable blockchain ecosystem.
    
  • Binance research is closely monitoring the Cosmos ecosystem and specific projects like Osmosis, Axel, Noble, and Celestia, with little mention of Cosmos itself.
    
• Binance is focusing on layer 2 cryptos, which are gaining popularity and have the potential to compete with base chains for fees, with optimistic rollup technology being widely used and guidance provided on what to watch in the L2 landscape.
  
  • Binance is taking layer 2 cryptos seriously, with the growing popularity of layer 2s and their potential to compete with base chains for fees, as well as the increase in demand for Ethereum due to data being published by its layer 2s.
    
  • Most of the larger layer twos are using optimistic rollup technology, with Arbitrum and optimism collectively holding most of the layer 2 TVL.
    
• Ethereum upgrades, decentralized finance growth, potential gains in lending, decentralized exchanges, liquid Stak coins, and tokenized real world assets, but regulations may hinder stable coins in the next crypto bull market.
  
  • In 2024, the report discusses upcoming upgrades for Ethereum, the decentralization of rollups and zero-knowledge technologies, and the explosive growth of decentralized finance, with most of the increase in total value locked coming from rising crypto prices rather than new inflows.
    
  • The potential for big gains in the lending, decentralized exchanges, liquid Stak coins and tokens, and tokenized real-world asset sectors of the cryptocurrency market.
    
  • RWAS are tokenized real-world assets on a crypto blockchain, with stable coins being the biggest class, but regulations may hinder their potential in the next crypto bull market.
    
• Stable coin market caps are shifting, with B USD declining and TUSD and FD USD rising, while coin Bureau viewers can get trading fee discounts and signup bonuses on crypto exchanges, and collateralized debt positions in the stablecoin ecosystem are growing.
  
  • Stable coin market caps have seen significant changes, with the decline of BUSD leading to the rise of TUSD and FD USD to fill the void.
    
  • Trading fee discounts and signup bonuses are available for Coin Bureau viewers on crypto exchanges, and the report discusses the growing niche of collateralized debt positions in the stablecoin ecosystem.
    
• NFTs, game fi, and social fi are expected to drive big gains in the crypto market, with a potential shift in the blockchain leaderboard and the revival of social fi activity through AR’s profile-focused social F layer, dubbed the lens protocol.
  
  • The potential for big gains in the crypto market, focusing on NFTs, predictions for continued innovation, and the emergence of game-fi and social-fi as big narratives during the crypto bull market.
    
  • Blockchain leaderboards may change as more social fi activity comes online, with a focus on friends. Tech and the potential revival of social fi activity through AR’s profile focus social F layer, dubbed lens protocol.
    
• VC investing in crypto projects is booming, with a focus on infrastructure-related cryptos and non-financial use cases, leading to potential gains and investment opportunities in next-generation projects.
  
  • VC investing in crypto projects has seen large raises, with infrastructure-related cryptos and companies receiving the most funding, including a $225 million raise for Sal’s Wormhole Bridge.
    
  • Predictions for the biggest crypto themes of 2024 include Bitcoin and its ecosystem, decentralized social media, AI, RWAS, defi innovation, institutional adoption, crypto security, and new tools for Web3 user onboarding.
    
  • Crypto is expanding beyond financial use cases, with a trend towards building infrastructure for non-financial use cases, leading to potential investment opportunities in next-generation infrastructure projects.
    
  • Cryptos with potential gains are discussed, with access to exclusive research and Discord channels for members, and trading fee discounts and sign-up bonuses are available.