The bull market has sounded, and with 2024 coming up, what tracks and projects do we need to focus on?Here are 10 trends and projects to watch in the coming year.
zk Rollup
The debate in the rollup space before 2022 has largely focused on which technology is more advantageous, Optimistic or zk Rollup.
However, with the reduction of L2 costs after EIP-4844 and the initiation of some large-scale projects, the previously calm L2 war is expected to re-erupt in full-blown rage. It's all about how L2 is able to build its ecosystem.
关注项目:zkSync、Starknet
Rollup middleware
The adoption of rollups will not really begin until EIP-4844 reduces the cost of rollups. This track consists of the following segments:
- Rollup as a service
- Share sorting
- Rollup SDK
There will be hundreds to thousands of AppRollups around a few major rollup projects.
关注项目：Gelato Network、AltLayer、Espresso Systems
Interoperability
As the number of blockchains continues to increase, the need for cross-chain infrastructure will grow exponentially. But there are some problems with them:
- High cost
- Hacking incidents
- Synthetic assets
- Liquidity is dispersed
Despite the various issues with existing cross-chain bridges, the newly released cross-chain solution promises a breakthrough.
关注项目:LayerZero、Wormhole
Parallelize the EVM
The advantages of parallelizing the EVM are:
- Faster block times
- Higher TPS
- Low fees
This technology has been validated through inscription stress testing and will have a strong appeal to DApp developers.
关注项目： Sei Network、Neon、Monad
Data availability
The data availability layer is critical to the scalability, security, and efficiency of a blockchain network. Its features and advantages are:
- Improve scalability
- Transparency and ease of verification
- Compatible with L2 solutions
- Reduce costs
At the heart of a modular narrative, the DA layer will be adopted by numerous projects.
In the 1980s, the 1970s were the first to be settled in the 1970s.
Bitcoin Ecology
There is a good chance that the Bitcoin spot ETF will launch in the first quarter of 2024. In addition, as Inscription (BRC-20) grows, the Bitcoin ecosystem will remain a key focus area in 2024.
And, the effort to unlock Bitcoin's $830 billion in liquidity continues.
Projects to follow: Stack, Babylon
Decentralized machine Xi
AI will continue to play a central role in the narrative of 2024, and AI computing power will become one of the mainstream areas.
As AI continues to evolve, the market is expected to increasingly turn its attention to data mining, which is a fundamental aspect of AI technology.
Projects to follow: gensyn, Bittensor
Decentralized social
Most SocialFi has yet to gain a large user base. Nonetheless, friend.tech's story is a compelling example of the limitless potential of user-driven social networks.
Interested projects: friend.tech, Lens Protocol, Farcaster
Distributed validator technology
DVT allows multiple nodes to act as one Ethereum PoS validator, increasing security and decentralization. As Vitalik Buterin warned, major staking service providers are currently facing centralization issues.
The takeaway here is that LSD will continue to be a high-growth industry in the coming years, and it will naturally spark interest in DVT in the process.
Follow projects: ssv network, Obol network, diva
Ethereum re-staking
"Restaking" refers to the repurposing of staked Ethereum or other cryptocurrencies at nodes that act as validators for various protocols.
A key point to note here is the potential revenue of EigenLayer.
以太坊质押年利率 (~5%) + Eigenlayer 重新质押奖励 (~10%) + LRT 协议代币发行 (~10%) =潜在年利率
When Ethereum enters a bull market, people are likely to pay more attention to the potential of the re-staking protocol.