The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Crypto Insights Outlet Blockworks Identifies Top Crypto Sectors for Investors Over the Next Two Years

by Daily Hodl Staff
April 15, 2022
in Altcoins, Blockchain

A crypto-focused financial media outlet is naming the top crypto sectors to invest in before 2024.

In a series of tweets, Blockworks lists and explores seven crypto areas that they expect to produce the best investments over the next two years.

The Next Big Crypto Narratives? ?

Here are 7 areas to keep a close eye on for capital injections over the next 2 years

? by @MattFiebach

— Blockworks (@Blockworks_) April 13, 2022

First on the list is Ethereum (ETH) layer-2 (L2) solutions, referred to as L2s. Blocksworks highlights projects like Arbitrum, Optimism, and Starkware, pointing out their tremendous total value locked (TVL) values.

“These three L2s alone have a TVL of over $5 billion, a number likely to only go up. L2 token launches are imminent and worth noting.”

Next, Blockworks says that the multi-chain world is on the rise, meaning that interoperability of assets between blockchains will be important for mass adoption. Based on this assumption, Blockworks says that blockchain bridges, such as Anyswap and Wormhole, are one of the “most important factors in Web3 adoption.”

Third, Blockworks anticipates the sector of decentralized data storage to grow over the next two years, specifically highlighting top altcoins like Filecoin (FIL) and Arweave (AR).

5/ Decentralized data storage has yet to see a bullish narrative among the masses.

Projects have been innovating in this space for over 5 years and a large corporation utilizing a decentralized provider will be the catalyst needed.

Cloud storage is a $150B market. pic.twitter.com/wKJmoVMQeH

— Blockworks (@Blockworks_) April 13, 2022

Next, Blockworks expects decentralized autonomous organization (DAO) and social tokens to explode in terms of adoption.

“DAOs will purchase and control real-world assets and protocol governance alike, and these purchases will act as a testament to the power that stems from decentralized communities. Social tokens, not necessarily for managing funds, will also pop up.”

Blockworks then predicts blockchain gaming, a sector that has already been blowing up over the last year, will continue to gain mass adoption once a major gaming studio begins to assimilate digital assets.

“A significant game studio will adopt digital assets and implement them in a high-grossing game. This sector has the most potential to push digital assets into the mainstream, outside of value speculation.”

At number six, Blockworks names derivatives trading as another area that will see incredible adoption by 2024.

8/ @dYdX, @GMX_IO, @DDX_Official, @Opyn_, and @dopex_io are just a few of the builders looking to decentralize derivatives.

Keep an eye out for gargantuan desks to start trading and market making on decentralized platformshttps://t.co/D2h53JuOC3

— Blockworks (@Blockworks_) April 13, 2022

Finally, Blockworks foresees another sub-arm of decentralized finance (DeFi), undercollateralized lending, potentially infiltrating the entire lending industry.

“Under collateralized lending enables Defi will infiltrate the entire lending industry. Mortgages, exchange margin, insurance, and credit cards are just a few of the use cases. 

Development here will lead to the most progress for decentralized finance.”

Source: Blockworks_/Twitter
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Vink Fan/Natalia Siiatovskaia

Submit a Press Release

Industry Announcements

  • DPAT Raises Private Funding To Enhance Web 3.0 Ecosystem
    June 2, 2023
  • Pink Moon Studios Reveals ‘KMON: World of Kogaea’ Pioneering a New Era in Web 3.0 Open-World Gaming
    June 2, 2023
  • OKX Proposes Industry-First BRC-30 Token Standard To Enable Bitcoin and BRC-20 Token Staking
    June 2, 2023
  • Devour and AlterVerse Partner To Bring the World’s First Web 3.0 Food Ordering Marketplace to the Metaverse
    June 1, 2023
  • Bumper’s Breakthrough DeFi Protocol Set To Reshape Options Pricing
    May 31, 2023
  • MetaZone Secures Funding To Expand the World’s First Tokenized App Platform for the Metaverse
    May 30, 2023
  • The QWAN Launch – A Token for the Global Gaming Industry
    May 30, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$27,189.28
$27,189.28
0.28%
Ethereum
$1,900.07
$1,900.07
0.16%
Cardano
$0.380731
$0.380731
0.69%
XRP
$0.534516
$0.534516
2.17%
Dogecoin
$0.072732
$0.072732
0.25%

Spotlight

  • Analyst Known for Calling Bottoms Predicts 2019-Style Bounce for Bitcoin (BTC) – But There’s a Big Catch
    May 28, 2023
  • Arthur Hayes Says Explosive Times Ahead for Bitcoin and Financial Markets as US Debt Deadline Approaches
    May 28, 2023
  • Former Goldman Sachs Executive Says ‘Clear’ Bull Trend About To Manifest for Crypto and Technology Stocks
    May 28, 2023
  • Here’s What’s Accelerating De-Dollarization Trend, According to Macro Guru Lyn Alden
    May 28, 2023
Coinfest Asia Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl