### Cryptocurrency market analyzes for the end of June 2024

#### **Ethereum (ETH)**

Ethereum is expected to benefit from major technical developments such as EIP-4844, which aims to improve network efficiency and reduce transaction costs. This may lead to increased use of decentralized applications (DApps) and increased total value locked (TVL) on the network. Additionally, layer 2 networks such as Polygon and Arbitrum are expected to play a large role in increasing transaction volume and activity on the Ethereum network.

#### **Stablecoins**

The stablecoin market is seeing an increase in supply, reflecting increased confidence and attracting new investors. Stablecoins such as USDC and USDT continue to provide a secure means of transfer and storage in the decentralized financial system. This trend could lead to an expansion in the use of stable currencies in various financial applications.

#### **Decentralized Exchanges (DEXs)**

Decentralized trading platforms are expected to continue to gain a larger share of the market compared to centralized platforms. This is attributed to advances in high-throughput blockchain technology and the development of wallet technologies. Increased decentralized trading activity could promote greater diversity and use of digital currencies.

#### **Digital assets and games

Digital assets such as NFTs are expected to witness a recovery supported by the launch of new applications and games on the blockchain.