🔼 15 VanEck crypto predictions for 2024

VanEck is a global investment company with $76.4 billion in assets under management, today they published 15 crypto predictions for the next year:

â–Ș Spot Bitcoin ETF will be approved in Q1 2024 with over $2.4 billion that may flow into them

â–Ș The 4th Bitcoin halving in 2024 will see minimal market disruption and a post-halving rise in Bitcoin's price

â–Ș Bitcoin will make an all-time high in Q4 2024, potentially spurred by political events and regulatory shifts

â–Ș Ethereum won’t flip Bitcoin in 2024 but will still outperform major tech stocks

â–Ș Post EIP-4844 implementation, Ethereum Layer 2s will capture the majority of EVM-compatible TVL

â–Ș NFT activity will rebound to an all-time high with Ethereum leading and Bitcoin gaining traction via the Ordinals protocol

â–Ș Stablecoin market cap will reach a new all-time high above $200 billion. USDC will reverse market share losses

â–Ș DEXs will hit all-time highs in spot trading market share, driven by fast blockchains like Solana

â–Ș Remittances will boost blockchain use, with "Bitcoin Staking" on the Lightning Network offering yield opportunities

â–Ș A breakout blockchain game may surpass 1 million daily players. Immutable X is poised to climb market cap ranks

â–Ș Solana is projected to become a top 3 blockchain by market cap, TVL, and users, potentially surpassing Chainlink's TVS with its Pyth oracle

â–Ș DePin networks, especially Hivemapper and Helium, will see increased adoption, with Hivemapper mapping significant distances and Helium's 5G network expanding rapidly

â–Ș New accounting standards will boost corporate crypto holdings. Coinbase will report Layer 2 revenue as Base Protocol grows

â–Ș KYC-compliant DeFi apps, led by Uniswap, will likely surpass non-KYC ones

👉 From these predictions, we can conclude that VanEck predicts the growth of such coins: BTC, ETH, SOL, IMX, PYTH, HNT