đ #CryptoComeback : The crypto market is coming back strong, but what is really driving it?
After a long crypto winter, fundamental and on-chain indicators are showing clear signs of recovery:
1. $BTC
- Surpassed $65,000 after the approval of spot ETFs in the U.S. (BlackRock, Fidelity, Ark), generating institutional inflows of over $12 billion in less than 3 months.
- The recent halving in April 2024 reduced daily issuance to 3.125 BTC, increasing scarcity.
2. $ETH
- Its transition to Proof of Stake has reduced energy consumption by over 99.9%, and now burns more ETH than it emits on many days, making it potentially deflationary.
- The Dencun upgrade (March 2024) significantly lowered fees in Layer 2 solutions thanks to proto-danksharding, facilitating mass adoption.
3. $SOL
- Increased its TVL (total value locked) by over 250% in 6 months and its DeFi and NFT ecosystem is growing again after resolving stability issues on the network.
- Major brands like Visa and Shopify integrated Solana-based tools for fast and cheap payments.
4. Key emerging trends:
- Tokenization of real-world assets (RWA): banks like JPMorgan and HSBC are already using blockchains to issue tokenized bonds.
- Booming stablecoins: the on-chain volume of USDC and USDT is growing in LATAM, Africa, and Asia as an alternative to the traditional banking system.
- AI + Blockchain: projects like Fetch.AI, Ocean Protocol, or SingularityNET are gaining traction at the intersection of artificial intelligence and crypto.
This #CryptoComeback is not just about prices. It's about technology, adoption, and real utility.
Are you analyzing the moment or are you already in? Which sector do you think will lead this new stage?