6 major crypto trends for the next cycle

Many of my close friends have consulted Ahan about the future crypto trends. Ahan believes that the next cycle will mainly revolve around the following six themes, which are summarized as follows:

Fintech front end + crypto back end#加密
PayPal has already dabbled in stablecoins. Revolut allows ETH staking. And crypto startups like BasedApp already look a lot like fintech products. In the long run, cryptocurrencies could end up replacing the back end of fintech.

The use of DeFi backends will become more meaningful. It can rely on capital gains to survive, not just on price differences. L2 and account abstraction make applications more accessible to ordinary users. Products like LooksRare, Rollbit, PoolTogether, etc. have already come out.

RWA Real World Assets
This is an extension of the stablecoin concept. Projects like Superstate, Mountain Protocol | USDM, OpenEden, and others will come to the fore in 2024. Tokenized short-term treasury bills could actually use up a large portion of the stablecoin supply! Circle and Tether are expected to make moves in this area.

Web3 Games#Web3Games
Akan has been observing the Web3 game trend for some time. But in the next 6 months, we will see many games that took more than 2 years to develop released one after another. Most of them may fail, but some will be huge successes. Web3 games supported by Akan include SIPHER Odyssey, MixMob, and of course Axie Infinity.

SocialFi
This trend is not surprising. As long as you pay attention to the on-chain dynamics, you can see the real purpose of platforms such as friend.tech. Similarly, L2 and account abstraction make these applications more accessible. Of course, this will require multiple iterations and forks, but Ahan believes that SocialFi will be a long-term trend.

Physical NFTs#NFT
The amazing Fat Penguin CEO Luca Netz has shown us the way to Walmart. Companies like IYK will help others to try and succeed.