on the crypto
BitMEX released a report titled "Five Ways the Crypto World Will Change in 2022" and highlighted some interesting predictions.
While some of them have been anticipated by many people in the industry, others have not yet received the limelight to be understood for their importance.
The 3 important predictions
The first of the five predictions concerns the increase in the involvement of women in the crypto space. At present, women around the world make up only 5% of all crypto investors.
This is about a fifth of their stake in traditional finance which accounts for 24% of all investors. But as the total number of cryptocurrency investors is expected to rise to one billion from current estimates of 300 million, the inclusion of women is also expected to rise.
As it stands, of the 63% of "crypto-curious" adults in the United States, more than half are women. Thus, their desire to know more will allow them to be part of this space. The other big prediction is that Solana will become a true competitor of Ethereum.
Altcoin has already been called the "Ethereum killer" for years now and considering its rapid growth over the past year, it looks like it could finally beat the altcoin king this year.
Multiple reasons include the benefit of being Proof of Stake, transactions faster than 50.000 - 60.000 TPS compared to Ethereum's 15-30 TPS, a significantly cheaper transaction fee of $ 0,00025 compared to Ethereum's $ 4 - $ 21 could cause this prediction really come true. Furthermore, Solana is already preparing its NFT front to compete with Ethereum (here the quotation of tokens in real time).
The third prediction
The third and very important forecast is the increase in demand for high-yield savings products. This is due to the fall in negative interest rates of the 10-year real yield on US Treasuries, which would lead investors to seek more profitable solutions.
While DeFi return protocols can be risky, they also happen to offer the highest rates of return for investments. But thanks to the lack of solid returns over the years, GenZ investors may end up wanting to take the risk and earn profits instead of waiting for safe returns that may never come.
The other 2 predictions
According to BitMEX, 2022 will witness the highest participation by players in GameFi as NFT games such as Decentraland, Sandbox, Axie Infinity, etc., have established a strong reputation in the cryptocurrency industry generating over $ 2,3 billion in the alone. third quarter of 2021.
Furthermore, with half of the world's population made up of gamers, the FOMO-induced growth of play-to-earn games would attract gamers to traditional games.
Finally, there is a high possibility that the world could see more mergers and acquisitions of traditional financial companies by cryptocurrency firms.
Coinbase is one of the best examples of successful crypto companies that could end up attracting TradFi companies that could be raised by another thriving crypto company. All in all, 2022 looks good for cryptography.
