The BitMEX exchange has just published a report outlining what are likely to be the new crypto industry trends for 2022.
🚨 Ready for reading 🚨
TL; DR? Here are our predictions for the year ahead👇 pic.twitter.com/S1MxV9fqav
— BitMEX (@BitMEX) February 17, 2022
The crypto trends of 2022
Women on the rise
The first element highlighted by BitMEX researchers is that of women, who according to the report will be the real stars of the new year in the crypto world.
Until now, the sector has been dominated by men, but 2022 could finally be the year of women who appear to be very “crypto curious”, but who still invest little and are not very involved.
The consecration of Solana
2022 will be the year of Solana‘s definitive consolidation as a blockchain competitor to Ethereum. Despite the almost +11100% recorded in 2021, according to BitMEX’s report its run in 2022 will not stop at all, on the contrary.
The report reads:
“Solana’s advantages over its rivals are widely known. It supports faster and cheaper transactions than all the other leading layer-1 protocols supporting smart contracts, including Ethereum, Cardano, Terra, Avalanche, Polkadot, and Algorand.10 This has attracted over 400 decentralised apps to Solana since its mainnet launch in March 2020”.
The third trend highlighted in the report is DeFi- and crypto-related Gaming, which is expected to see an explosion in 2022.
“With an estimated 3.2 billion gamers worldwide and mainstream game developers having made clear their intention to adopt blockchain and NFTs, gaming will likely be the entry point to crypto for hundreds of millions of new users in 2022 and the years to come”.
The GameFi sector mainly linked to NFTs, which enable the rewarding game mechanism and increase interaction between different players, is likely to have further developments and new features by the first half of the year. The suggestion that the new deflationary policies to be adopted by the Fed could further favour currencies used in games is also interesting.
The search for high-yield crypto instruments
The Fed’s restrictive policy of trying to keep a lid on galloping inflation will also lead to increased investor demand for high-yield crypto instruments.
The fusion of crypto companies with traditional finance
Finally, according to BitMEX, many large crypto companies will look to enter the world of traditional finance by making acquisitions and mergers, which already saw a 131% year-on-year increase in 2021, worth over $6 billion.