Top Crypto Trends to Watch in 2022, According to Pantera’s Paul Veradittakit

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With 2022 already underway and the crypto market still falling, now is a great time to take a look at industry insiders’ expectations for the crypto landscape in the year ahead. waits.

To help you get a taste of what to expect for the year, we’ve looked at the top 2022 predictions from crypto hedge fund partner Paul Veradittakit. Pantera Capital, as published in the fund’s latest bulletin Blockchain letter.

Ethereum congestion and scaling

Veradittakit’s first prediction for 2022 is likely to frustrate many Ethereum (ETH) users that the network congestion and high fees we saw last year are just the beginning.

According to Veradittakit, the congestion problem for Ethereum will worsen in 2022 as widespread adoption of use cases that rely on the network continues to grow.

However, with continued congestion, scaling solutions such as optimistic rollups and more technically complex ZK rollups will continue to gain traction in the new year, with the former likely to be the dominant solution at short term, wrote Veradittakit.

Ethereum alternatives, Solana continues its ascent

With the Ethereum network expected to become slower and more expensive to operate, Veradittakit wrote that alternatives such as Solana (SOL) will continue to grow in popularity in 2022. This will happen despite the fact that Solana has already seen astronomical growth. in 2021. , he said.

“Recent activity in the Solana community, including the launch of massive funds for social media and decentralized gaming, suggests that the ecosystem will continue to grow tremendously over the coming year,” the partner wrote. Pantera Capital.

Additionally, interoperability between blockchains will become even more common, thanks to the development of more cross-chain bridges. This will further accelerate the growth of non-Ethereum ecosystems, Veradittakit predicted.

Improved web integration

The web has become a fragmented place, making it less user-friendly than it should be, according to Veradittakit. However, with the development of things like decentralized identities and on-chain ownership for Web 3, things will start to look up, he argued.

“As a whole, apps and services are looking for tighter integrations with each other, and I expect to see more projects tackling the fragmented nature of how we interact with the web,” wrote Veradittakit, citing examples such as the Ethereum-based login service.

NFTs are becoming (even) more popular

Non-fungible tokens (NFTs), which until now have mostly come in the form of digital art, will continue to grow in popularity this year – but they will take on a number of new use cases, including as active in the game and as a way for fans to support artists from all sectors, for example the music industry, Veradittakit predicted.

He added that we would also likely see more tokenization of physical art, and that this has the potential to facilitate better verifiability and more liquid markets.

DAOs are becoming more widespread

Decentralized Autonomous Organizations, better known as DAOs, will become increasingly popular as a vehicle for organizing online communities, according to the Pantera partner.

These decentralized communities will help people get involved in new ways with the causes they care about, while more tools and infrastructure for DAOs will make it easier to get them up and running in 2022, a- he writes.

DeFi security gets a bigger slice of the relevance pie

The security of decentralized finance (DeFi) applications has always been considered important, although history has shown that innovation has sometimes happened so quickly that security issues have not been sufficiently considered.

In 2022, security will become a bigger focus for DeFi projects, Veradittakit said. He argued that we will see new launches focused on better smart contract auditing, execution monitoring, and consumer protections, which will ultimately make the DeFi space safer for all users.


Learn more:
– Ethereum’s position as DeFi leader challenged by Terra, BSC, Solana, Avalanche – JPMorgan
– Crypto adoption in 2022: what to expect?

– Polygon implements Ethereum 1559 improvement proposal; MATIC dives today
– How to use Layer 2 solutions to save on Ethereum fees: Arbitrum

– New Unstoppable Domains feature allows Ethereum, Polygon Login with NFT domains
– NFTs and games are not correlated to crypto – Research

– The TradFi-DeFi tug of war: is a DeFi-only utopia possible?
– DeFi Trends in 2022: Growing Interest, Regulation, and New Roles for DAOs, DEXs, NFTs, and Gaming

– Crypto Security in 2022: Prepare for More DeFi Hacks, Exchange Outages, and Noob Errors
– Insiders Predict: NFTs are the “Gateway Drug to Crypto”, More Countries Could Adopt Bitcoin in 2022

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