The bull market is here, you need to pay attention to these 10 trends

Written by Layergg

Compiled by: Luffy, Foresight News

The bull market has already begun. In 2024, which tracks and projects should we pay attention to? Here are 10 trends and project representatives worth paying attention to next year.

zk Rollup

Before 2022, the debate in the Rollup field mainly focused on which technology had greater advantages, Optimistic or zk Rollup.

However, with the EIP-4844 L2 Cost reductions and the launch of some large projects have helped to stabilize the previously quiet L2 战争预计将重新全面爆发。关键在于 L2 能够如何构建其生态系统。

Projects to watch: zkSync, Starknet

Rollup Middleware

The popularity of Rollup will really begin after EIP-4844 reduces the cost of Rollup. This track includes the following sub-sectors:

• Rollup as a Service

• Shared sorting

• Rollup SDK

Hundreds to thousands of AppRollups will emerge around several mainstream Rollup projects.

Projects to watch: Gelato Network, AltLayerXiaobai Navigation、Espresso Systems

Interoperability

along withBlockchainAs the number of cross-chain transactions continues to increase, the demand for cross-chain infrastructure will grow exponentially. But they still have some problems:

• High cost

• Hacking incident

• Synthetic assets

• Liquidity dispersion

Although existing cross-chain bridges have various problems, the newly released cross-chain solutions are expected to achieve breakthroughs.

Projects to watch: LayerZero, Wormhole

Parallelizing the EVM

The advantages of parallelizing the EVM are:

• Faster block times

• Higher TPS

• Low Fees

This technology has been verified through inscription pressure testing and will be used to DApp Developers have a strong attraction.

Projects to watch: Sei Network, Neon, Monad

Data availability

Data availability layer forBlockchainNetwork scalability,SafetyIts features and advantages are:

• Improve scalability

• Transparency and easy verification

• Compatible with L2 solutions

• Reduce costs

As the core of modular narrative, DA layer will be adopted by many projects.

Focus projects: Celestia, Avail, EigenLayer

Bitcoin Ecology

There is a high probability that a Bitcoin spot ETF will be launched in the first quarter of 2024. In addition, with the development of Inscription (BRC-20), the Bitcoin ecosystem will continue to be a key focus area in 2024.

Moreover, the effort to liberate Bitcoin’s $830 billion in liquidity will continue.

Focus projects: Stack, Babylon

Decentralized Machine Learning

Artificial intelligence will continue to play a central role in the narrative of 2024, with AI computing becoming one of the mainstream areas.

As artificial intelligence continues to advance, the market is expected to increasingly turn its attention to data mining, which is a fundamental aspect of AI technology.

Focus projects: gensyn, Bittensor

Decentralized social networking

Most SocialFi have yet to achieve a large user base. Nonetheless, the friend.tech story is a compelling example of the unlimited potential of user-driven social networks.

Projects to watch: friend.tech, Lens Protocol, Farcaster

Distributed Validator Technology

DVT allows multiple nodes to act as an Ethereum PoS validator, thereby improvingSafetyAs Vitalik Buterin warned, major staking service providers currently face centralization issues.

The point here is that LSD will continue to be a high-growth industry in the coming years and will naturally fuel interest in DVT in the process.

Focus projects: ssv network, Obol Network, diva

Ethereum Re-staking

“Re-staking” refers to reusing staked Ethereum or othercryptocurrency.

A key point to note here is the potential income of EigenLayer.

Ethereum staking annual interest rate (~5 %) + Eigenlayer re-staking reward (~10 %) + LRT protocolTokenIssue (~10 %) = Potential Annual Interest Rate

As Ethereum enters a bull run, more attention may be paid to the potential of re-staking protocols.

Focus on the project: EigenLayer

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