Crypto finance platform Bankless details some digital assets and sectors that traders should be watching for the next bull market.
In a new update to its subscribers, Bankless said the digital asset industry currently feels “out of control” but the future looks bright.
outlet To tell We are keeping a close eye on the trajectory of Arbitrum and Optimism, layer 2 Ethereum scaling platforms (OP), it is rumored that Arbitrum may issue its own token.
Bankless’s next listing is the interoperable blockchain project Cosmos (atom).
Bankless says ATOM is poised to grow, with several upgrades and projects slated for the near future. His one major upgrade, scheduled to start in January 2023, will enhance and streamline the network’s security.
Bankless is also eyeing the decentralized finance (DeFi) sector, which it says will revive by the end of this year or early next year as DeFi for option protocols and NFTs grows rapidly.
One sector that seems to be gaining considerable momentum is options protocols, as options become a more important part of the crypto market structure and sophisticated DeFi users appear to manage risk. , benefiting from the increased capacity provided by Layer 2, protocols such as Dopex, Lyra, and Premia are set to grow in the near future.
The last sector on the list is Web3 Social and Crypto Games (GameFi). Bankless says the Web3 social platform is growing because of its censorship resistance.
Some apps and protocols to watch in the coming months are gm.xyz, Lens, and DeSo. [decentralized social]Layer 1 designed specifically for hosting blockchain-based social applications.
As for GameFi, Bankless said the sector could serve as a platform for broader acceptance of NFTs, calling for the success of play-to-earn games such as Axie Infinity, STEPN and Sweatcoin among others. .
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