Chainfeeds Summary:

Pantera partner Paul Veradittakit reviews the accuracy of his predictions for the crypto industry in 2024 and releases eight predictions for 2025. This article is compiled by Jinse Finance.

Source:

https://www.jinse.cn/blockchain/3705465.html

Author:

Paul Veradittakit

Viewpoints:

Paul Veradittakit: Let's review how I predicted 2024. I'll grade myself, 1 being the least accurate, 5 being the most accurate. The resurgence of Bit and the "DeFi Summer 2.0", 4/5 accurate. Tokenized social experiences for new consumer use cases, 2/5 accurate. The increase in TradFi-DeFi "bridges" like stablecoins and mirrored assets, 5/5 accurate. The cross-pollination of modular blockchains and zero-knowledge proofs, 4/5 accurate. More compute-intensive applications moving on-chain, such as AI and DePIN, 2/5 accurate. The "hub-and-spoke" model integrating public blockchain ecosystems and application chains, 2/5 accurate. Upward trends: 1) By year-end, RWA (excluding stablecoins) will make up 30% of on-chain TVL (currently 15%). 2) Bitcoin-Fi: 1% of Bit will participate in Bitcoin-Fi driven by native Bit financial protocols without the need for bridges, high yields, high Bit prices, and increased demand for more Bit assets. 3) Fintech as the crypto on-ramp: Every fintech will become a crypto on-ramp. 4) Unichain becoming the L2 transaction volume leader. 5) NFT resurgence, but in specific applications: NFTs can be integrated into ID transactions, transfers, ownership, memberships, but also used to represent and appraise assets, leading to organic growth, and potentially speculative growth. 6) Re-staking: Re-staking protocols like Eigenlayer, Symbiotic, and Karak will eventually launch their mainnet, paying AVS to operators and reducing fees. New ideas: 1) zkTLS bringing off-chain data on-chain: zkTLS uses zero-knowledge proofs to prove the validity of data from the Web2 world. This new technology is not yet fully implemented, but (hopefully) when fully deployed this year, it will bring new types of data. 2) Regulatory support: We hope the SEC lawsuits will end, with clear definitions of crypto as a distinct asset class and considerations around taxation.