According to Odaily, EigenLayer founder Sreeram Kannan recently shared his predictions for the cryptocurrency industry in 2045 on X. He anticipates that the value of decentralized finance (DeFi) will surpass that of Wall Street. Additionally, he predicts that the total value of other cryptocurrencies will be significantly larger than that of DeFi, similar to how the U.S. economy is much larger than Wall Street.
Kannan further explained that while cryptocurrencies will generate immense value, they will only capture a small portion of it. He emphasized the importance of creating a native on-chain economic system for DeFi to reach its full potential. Without such a system, DeFi would resemble an economy dependent on external systems, akin to Singapore, rather than an internally driven system like Wall Street. This native on-chain economic system would encompass various aspects, including on-chain identity, the metaverse, artificial intelligence, social interactions, and the sharing economy.