The crypto market had a big start to the year, with hopes of America becoming a crypto leader. While some promises were kept, like a Crypto Summit, the overall market is down due to economic concerns. Let's look at what's hot and what's not.
- Hot: DeFi (decentralized finance), tokenized real-world assets (RWAs), and stablecoins are thriving.
- Not so hot: Meme coins, AI in crypto, and consumer-focused crypto apps (like gaming and the metaverse) are less popular.
| Area | Details |
|---|---|
| Stablecoins | Market cap over $200 billion; expected to be big this year. |
| Bitcoin | Not a sector; its impact depends on how it helps the US economy. |
| DeFi | Growing by putting traditional finance on blockchain. |
