SINGAPORE, Dec. 17, 2024 /PRNewswire/ — As Bitcoin surpassed the $100,000 mark on December 5, 2024, this landmark yr for the crypto business is closing on a excessive be aware. It has additionally been a fruitful yr for HTX Ventures, the worldwide funding division of HTX, which supported a complete of 28 main crypto initiatives and funds, frequently exploring new frontiers of crypto utility. Just lately, HTX Ventures launched its 2024 12 months In Evaluation, highlighting this yr’s key developments within the crypto business and forecasting market tendencies for the upcoming yr.
Inside this report, HTX Ventures highlighted 5 key sectors that confirmed encouraging progress in 2024 – the Bitcoin Ecosystem, Infrastructure, Meme Cash, AI, and the TON Ecosystem – and can proceed to intently monitor these areas in 2025.
Bitcoin Ecosystem
With Bitcoin dominance reaching 56.81% and Bitcoin spot ETFs now accounting for five.3% of the entire Bitcoin provide, a brand new market pattern has emerged. Bitcoin has solidified its place because the core asset, with spot ETFs appearing as liquidity channels, and U.S. listed firms reminiscent of MicroStrategy (MSTR) serving because the automobiles to soak up limitless greenback liquidity.
In consequence, it’s more and more important to additional develop Bitcoin’s ecosystem and improve capital utilization effectivity. It has pushed infrastructure initiatives, together with Layer 2s, execution layers, interoperability options and safety layers, to repeatedly emerge.
With robust help from macro markets and infrastructure help, HTX Ventures anticipates an additional surge in Bitcoin demand over the following two years.
Infrastructure
Infrastructure remained a cornerstone on this yr’s crypto investments and funding. The synergy between capital and know-how has pushed the speedy growth of Layer 1, Layer 2, and middleware initiatives, amongst others.
Via ongoing upgrades and building, the Ethereum ecosystem has improved Layer 2s’ efficiency and diminished community charges. Different Layer 1s, reminiscent of Solana and TRON, achieved lively on-chain transactions, attributable to the event of meme cash, and infrastructure like Pump.enjoyable and Sunpump. Layer 0 and cross-chain middleware have made breakthroughs in interoperability, increasing the multi-chain panorama. Modular public blockchains, like Celestia and Monad, provided distinctive efficiency and suppleness, thus attracting various functions. Restaking initiatives, which goal to reinforce community safety and capital effectivity, has seen speedy growth and gained market consideration. Bitcoin Layer 2 has emerged as a brand new focus within the major marketplace for its try to mix Bitcoin’s safety with high-performance scaling options.
As HTX Ventures acknowledged, infrastructure remains to be crucial on this yr’s crypto investments and funding. Layer 1 options, specifically, now characterize the focus of technical growth and exploration inside the crypto house, and it’s anticipated to stay a precedence for growth assets and capital funding sooner or later.
Meme Cash
The Meme coin sector emerged as a hotspot within the crypto market in 2024, fostering group consensus whereas integrating with fields like DeFi and GameFi to create new use circumstances. For instance, Solana has actively championed the innovation and development of meme initiatives, efficiently energizing its ecosystem. Because the crypto market surroundings grows more and more favorable, extra retail traders are anticipated to enter the market, positioning Meme initiatives as important channels for capital inflows.
The Meme coin honest launch sector has gained important market consideration and attracted substantial individuals this yr. Infrastructure initiatives reminiscent of Pump.enjoyable and SunPump have emerged as top-performing money move mills, injecting contemporary momentum into Meme coin growth. As multi-chain ecosystems mature and real-world use circumstances increase, Meme coin infrastructure will proceed injecting extra vitality into this sector.
AI
In 2024, the intersection of Crypto and AI sector has been driving the exploration of a number of segmented fields reminiscent of ZK/OPML for enabling AI on-chain, AI information crowdsourcing, decentralized computing energy rental, AI information buying and selling, AI video games, and AI brokers.
One of many hottest segmented fields is AI brokers, that are placed on chains to benefit from the token mechanism to incentivise and bootstrap sure behaviors with the brokers, together with interacting with good contracts, buying and selling and querying on behalf of customers. Sooner or later, AI brokers will steadily grow to be private butlers and assistants for customers, serving them with complete capabilities, reminiscent of impartial asset issuance, initiation of viral advertising and marketing campaigns, formation of DAOs, and even fund administration and funding decision-making. Over time, they could develop distinctive cultures and religions. This deep integration of AI and encryption know-how is a groundbreaking evolution that’s unattainable inside Web2 and can’t be achieved by Web3 relying solely on encryption know-how.
TON Ecosystem
Attributable to Telegram’s lots of of hundreds of thousands of customers and strong technical help, the TON (The Open Community) ecosystem has progressively developed right into a multi-layered blockchain ecosystem. In 2024, it skilled a full-scale increase in its ecosystem and market presence. From DeFi and meme cash to NFTs and gaming, TON leveraged its large person base to attain important milestones in varied fields, pioneering the monetization of Web2 social functions via crypto.
One standout success was the adoption of “tap-to-earn” video games with token airdrop incentives, which successfully onboarded numerous Web2 customers. Nevertheless, because the TON ecosystem strikes into 2025, it should discover and discover new enterprise fashions to enhance person retention and determine its subsequent development curve.
2025 Outlook
Donald Trump’s anticipated repeal of SAB 121 after his inauguration on January 20, 2025, would enable conventional monetary establishments to carry crypto property on their stability sheets, additional accelerating the institutionalization of crypto property. The repeal is not going to solely open up extra financing choices for crypto but in addition make spot cryptos extra accessible via present institutional exchanges and partnerships.
On the identical time, this regulatory easing is poised to reinforce the general maturity of the institutional crypto market. With the entry of conventional monetary establishments, Bitcoin is anticipated to realize stronger help and steadily set up itself as a core dollar-denominated asset, alongside others tied to the greenback business cycles, reminiscent of AI.
HTX Ventures factors out that the market remains to be removed from its bull market peak. In opposition to the backdrop of Trump’s fiscal growth insurance policies and unprecedented crypto-friendly alerts, a sturdy bull market is anticipated.
To study extra, please go to: https://sq..htx.com/htx-ventures-2024-year-in-review/
About HTX Ventures
HTX Ventures, the worldwide funding division of HTX, integrates funding, incubation, and analysis to determine the most effective and brightest groups worldwide. With greater than a decade-long historical past as an business pioneer, HTX Ventures excels at figuring out cutting-edge applied sciences and rising enterprise fashions inside the sector. To foster development inside the blockchain ecosystem, we offer complete help to initiatives, together with financing, assets, and strategic recommendation.
HTX Ventures at the moment backs over 300 initiatives spanning a number of blockchain sectors, with choose high-quality initiatives already buying and selling on the HTX change. Moreover, as one of the lively Fund of Funds (“FOF”) traders, HTX Ventures invests in 30 high international funds and collaborates with main blockchain funds reminiscent of Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to collectively construct a blockchain ecosystem. Go to us right here.Be happy to contact us for funding and collaboration at [email protected]
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