Web3 Advances, Crypto Adoption Accelerate: Potential Growth and Innovations Ahead Despite Risks
• Global liquidity conditions improving; potential Fed rate cuts in 2024 may benefit crypto • Mainstream adoption accelerating via spot Bitcoin ETFs and tokenization of real-world assets • Technological advancements in scalability and UI/UX lowering barriers to Web3 migration • Three potential 2024 scenarios Cambrian Explosion of growth, Steady 50-100% returns, or Reset with major correction • Web3 gaming, Solana DeFi, and DeFi 2.0 innovations poised to drive sector-specific rallies