The research branch of the crypto exchange Binance has compiled, in a report, what it considers to be the crypto themes with high growth potential in 2024. Here, in the following few lines, is what we can concretely do in retain.
Bitcoin (BTC), central point of Binance’s study…
In a recent study it conducted, Binance highlighted key areas of crypto that are expected to significantly progress in 2024. The study carried out through Binance Research, its division dedicated to research, mentions bitcoin (BTC) in the first place.
According to Binance, the asset remains at the heart of crypto trends. This, with narratives fueled by developments such as NFT Ordinals, BRC-20 tokens and the imminent advent of halving.
Binance believes that bitcoin (BTC) has gained enormous recognition as“legitimate asset” in 2023. Therefore, the dynamic around the asset, stimulated by the recent approval of Bitcoin Spot ETFs, is expected to continue in 2024.
If according to Binance Research, bitcoin (BTC) should continue to be talked about in 2024, other themes will not be left out. The platform cites in its report other crypto segments which should attract attention with their dynamism.
… And the others !
Alongside the flagship crypto, Binance Research believes that institutional adoption of crypto is poised to accelerate. In any case, this is what, according to the firm, the entry into the crypto space of traditional financial giants such as BlackRock and Fidelity suggests.
For Binance, their participation in this industry during successive bear markets underscores their belief in the long-term potential of the sector. Which should contribute to wider acceptance of cryptos.
The integration of artificial intelligence (AI) in crypto is also seen as an area with high growth potential in 2024. As is the tokenization of real-world assets (RWA) and the on-chain liquidity segment which is expected to prosper over the period.
Other areas like decentralized physical network infrastructure (DePin) and decentralized social media, account abstraction are expected to continue growing this year. This, by simplifying and improving the user experience of blockchain technology.
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