3 Crypto Predictions for 2023 From Digital Asset Supervisor 3iQ’s Analysis Head

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Connors: 2023 will probably be a barbell for digital belongings. Will probably be the core Layer 1s, Bitcoin, Ethereum, and it will likely be using NFTs by TradFi corporations, which is a corollary to my first level. In 2022, the ecosystem was you had your alt stage ones like Solana, Algorand and the like offering the majority of the non-Bitcoin, Etherium, stablecoin market cap. Seventy % of market cap in digital belongings of the final 12 months. In order that 30% of market cap goes to shift from alt stage ones and stage twos and different tasks to be extra NFT associated. The NFT expertise from a safety and verification standpoint has better integrity, and a better belief and safety issue. Given it may be nested with the Etherium ecosystem and could be bridged, it’ll have performance and safety. I believe you will see probably the most progress in NFTs.

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