What are the hottest cryptocurrency investment narratives in 2024? (two)

Interoperability

Interoperability refers to the ability to seamlessly communicate and exchange data and assets between different blockchains. This feature unlocks the ability for users to move assets across chains and for applications to run on multiple chains.

Multi-chain papers are being played out in real time. Today, many different blockchains have billions of dollars of value locked in their DeFi ecosystems, serving millions of users. There is a clear need to move data and value across these chains, and this need will only increase as the number of chains increases. Projects that facilitate the exchange of data and value between chains are valuable tracks for multi-chain ecosystems.

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Inscription is a technology that writes arbitrary data directly onto a single satoshi (the smallest denomination of Bitcoin) (1 Bitcoin = 100,000,000 satoshis). These inscriptions, often referred to by the public as "Bitcoin NFTs," create unique digital assets on the Bitcoin blockchain. They can also be used to mint BRC-20 tokens based on the experimental BRC-20 standard.

Parallel EVM

Parallel EVM is an innovative blockchain architecture designed to overcome the scalability challenges faced by standard EVM. It does this by executing transactions in parallel (processing multiple independent transactions simultaneously rather than sequentially), thereby increasing throughput and improving user experience.

Imagine a trading platform on Ethereum where every transaction is processed one after the other. In contrast, parallel EVM will allow transactions independent of each other to execute simultaneously, significantly speeding up transaction processing time.

The parallel EVM space is particularly promising because it leverages EVM's established network effects and developer ecosystem while also incorporating parallel processing technologies that contribute to Solana's fast execution speeds. These platforms have huge potential by offering a mix of EVM compatibility and high-speed transaction processing.

RWA

RWA, or Real World Assets, covers a wide range of tangible and intangible assets such as gold, real estate, commodities, stocks, and fiat currencies such as the U.S. dollar, whose intrinsic value exists outside the blockchain ecosystem. Tokenization of these assets brings them to the blockchain, providing innovative ways for their trading, management and valuation.

The best examples of tokenization of real-world assets are stablecoins like USDC and USDT, which represent the U.S. dollar on-chain. While stablecoins are the basic application of RWA, there are many projects, such as #ONDO： , Parcl, and Mattereum, that are extending the concept to a variety of assets, including real estate, treasury bills, gold, art, and more.

The RWA protocol has the potential to tokenize almost every asset in the world and bring it to the blockchain, thereby entering a potential market worth hundreds of billions of dollars. As more asset classes are tokenized, the scope of the RWA narrative is expected to expand significantly.