TechFlow news, Paul Veradittakit, partner at Pantera Capital, released six predictions for the crypto space in 2024, including:
1. In 2024, users will see a surge in Bitcoin L2s and other scalable layers supporting smart contracts, and Bitcoin-based NFTs will grow increasingly popular;
2. More tokenized social experiences;
3. Increased "bridges" between TradFi and DeFi such as stablecoins and mirrored assets; institutional adoption is expected to rise significantly, with institutions seeking tokenized real-world assets (RWA) and traditional financial products beyond ETFs;
4. Zero-knowledge proofs will become the interface between different components of modular blockchain stacks;
5. More computation-intensive applications will move on-chain, including AI, DePIN, on-chain knowledge graphs, and fully on-chain gaming;
6. Public blockchains and application-specific chains will converge. Smaller ecosystems must focus energy on specific verticals (e.g., social, gaming, DeFi) to maintain competitiveness, evolving into "application chains" or "vertical-specific chains".
