Brevan Howard Digital has made 15 predictions for 2024.
Gaming and brands
1. 2x-3x+ growth in Web3 game releases
2. More of the world’s largest Web2 game companies embrace Web3 in 2024
3. More Web3 enhanced games in the Apple App Store, the Google Play Store, and the Epic Games Store now that we have clarity on their respective policies related to games that implement Web3 technologies
4. We predict the gaming token market cap grows to $40 billion
5. “Forever Brands” continue to ramp up in Web3
Stablecoins
6. Stablecoin volumes do surpass Visa in 2024
7. Percentage of stablecoin volume on Solana doubles
8. A decentralized synthetic USD stablecoin (ETH LST vs short perp) breaches $1 billion TVL in 2024
Ethereum and transaction flow
9. The proportion of staked ETH that is liquid staked breaches 50%
10. Total ETH outstanding hits 119,600,000
11. We predict the number of private transactions included in blocks to be twice where it is now (currently around 11%)
12. Gasless transactions become significantly more prevalent across crypto
13. Rollups hit the gas pedal
Markets
14. Token launch window stays open
15. Abu Dhabi leans further into crypto and founders lean further into Abu Dhabi
