Experts Predict Surge in RWA Tokenization, NFT Revival in 2023 In a recent analysis for Coindesk, Paul Veradittakit, a partner at Pantera Capital, shared his projections for the cryptocurrency market in the upcoming year. According to Veradittakit, the following trends are expected to dominate the industry: - Real-world asset (RWA) tokenization (excluding stablecoins) is predicted to account for 30% of on-chain total value locked (TVL), up from the current 15%. - Growth of Bitcoin-Fi: Bitcoin-related financial products and services are anticipated to experience significant expansion. - Crypto adoption through fintech: Financial technology companies are expected to play a key role in driving mainstream cryptocurrency adoption. - Arbitrum's emergence as the leading Layer 2 (L2) by trading volume: Arbitrum is expected to surpass other L2 solutions in terms of trading activity. - Resurgence of NFTs: The non-fungible token (NFT) market is projected to rebound after a period of decline. - Launch of liquid staking protocols: These protocols allow users to stake their crypto assets while maintaining liquidity, offering increased flexibility and earning potential. - Increased regulatory clarity for crypto in the US: The regulatory landscape for cryptocurrencies in the US is anticipated to become more defined, providing greater certainty for market participants.

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