Home Bitcoin News First Mover Asia: 3 Crypto Predictions for 2023 From Digital Asset Supervisor 3iQ's Analysis Head – CoinDesk

First Mover Asia: 3 Crypto Predictions for 2023 From Digital Asset Supervisor 3iQ's Analysis Head – CoinDesk

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Connors: 2023 will likely be a barbell for digital belongings. It is going to be the core Layer 1s, Bitcoin, Ethereum, and it is going to be the usage of 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 p.c 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 know-how from a safety and verification standpoint has higher integrity, and the next belief and safety issue. Given it may be nested with the Etherium ecosystem and could be bridged, it would have performance and safety. I feel you may see essentially the most development in NFTs.

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