There are only a few days left before 2022 opens the curtain.
But there is an interesting partnership from analysts and experts on trends in the crypto industry, set to see tremendous growth and consolidation next year.
Non-fungible tokens (NFT) are getting 'wild'
The majority of analysts and market experts agree NFT will get tremendous attention next year, more than expected in 2021.
According to Boson Protocol co -founder Justin Banon: “In the first half of 2021, the famous NFT sales managed to record a profit of up to around $ 64 million per month. Next year it could be $ 41 million a day. ”
Banon's claim was acknowledged by the co -founder of Hedera Hashgraph (HBAR): "NFT will be a 'drug' for the crypto industry. NFT will also attract more users to Web 3.0. ”
Games and metaverse
Predictions find the metaverse will be an easily shifted trend between the virtual world and reality.
Blockchain or crypto based games would be a craze.
It is unlikely there will be a surge of interest in this concept from the traditional gaming and blockchain communities.
Scalability and interoperability are the focus
Blockchain developers are beginning to focus on the importance of scalability and interoperability.
Several aspects will be focused on: block size limitations, transaction speed, network bandwidth, and interoperability.
The dominance of Bitcoin (BTC) is getting stronger but risky
Rising global inflation and interest rates will impact financial markets as well as cause cryptocurrency price instability.
But the influence of Bitcoin (BTC) will remain and continue to grow again after El Salvador makes the cryptocurrency a legal tender.
While Ethereum is said to overtake Bitcoin, the king of cryptocurrencies will still survive as a market -dominating asset.
What about your forecasts or perhaps your expectations for the crypto market next year?
