CEO Nansen predicts biggest bull run in history

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#1 Crypto Memecoins will set up-to-date records on the chain

Svanevik predicts that memecoins – cryptocurrencies inspired by internet memes – will continue to attract retail investors to the cryptocurrency space. He predicts that these tokens will significantly improve on-chain metrics, leading to unprecedented records in decentralized exchange (DEX) volumes across many blockchain networks.

“Memecoins continue to disrupt cryptocurrency retail and destroy onchain metrics. We will see new DEX volume records for many networks,” Svanevik said. “Better infrastructure, easier user experience, lower transaction fees – all of this makes the on-chain journey better for newcomers.”

#2 DeFi renaissance

Svanevik predicts a resurgence in decentralized finance (DeFi), driven by clearer regulations and the activation of revenue models within DeFi protocols. With the upcoming January 20 departure of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, Svanevik predicts that regulatory hurdles will be reduced and institutional capital will be able to flow more freely to DeFi platforms.

“The DeFi renaissance. Gary is gone. Revenue switch = on,” he notes. “We actually now have useful DeFi protocols where tons of capital can flow. Perhaps worthless management tokens will gain in value.”

#3 Spot launch of the Solana ETF

Svanevik anticipates the launch of the Solana (SOL) spot exchange-traded fund (ETF), saying it will outperform Ethereum ETF launch rates. “SOL ETF. And it is performing better than the ETH ETF at launch.”

As reported by NewsBTC, discussions between SEC staff and issuers regarding the Solana spot ETF are “progressing” and S-1 registration statements are currently under review. Exchanges may soon file Form 19b-4 applications, initiating the official regulatory approval process. Asset management firms such as VanEck, 21Shares, Canary and Bitwise are actively competing to launch the first SOL ETF in the United States, which is expected to debut in 2025.

#4 The resurgence of permissioned blockchains

Svanevik predicts the return of permissioned blockchains, expecting them to gain significant popularity this time around. “Approved chains are back and this time they are gaining much more traction. Watch Haven1 here. Tokenization will be an essential topic for authorized networks.

#5 A blossoming Bitcoin ecosystem

Svanevik expects the Bitcoin ecosystem to grow both in classic finance (TradFi) and on-chain development. “The Bitcoin ecosystem continues to grow – both on TradFi and on the network (through projects like Bitlayer).”

#6 DeSci will become a mighty up-to-date narrative

Decentralized science initiatives (DeSci) are expected to fund groundbreaking scientific endeavors, particularly in longevity research and other frontier fields. “DeSci funds (mad) science. Many cryptocurrency leaders are interested in longevity and science more generally. This means greater access to capital for pioneering science and probably more headlines,” writes Svanevik.

#7 Crypto accelerates the development of artificial intelligence

Svanevik predicts that cryptocurrencies will play a dual role in accelerating artificial intelligence (AI) projects and offering solutions to mitigate associated risks. “Crypto accelerates AI, but it also protects us from AI. Crazy agent experiments continue. Crypto dollars go to AI projects.”

He also highlights the emergence of human-validated crypto projects to combat bots and phony content: “More human-validated crypto projects are emerging on the market to combat bots and fake content.”

#8 Adoption of the FIT21 Act

Svanevik anticipates significant legislative changes with the passage of the FIT21 Act, which could catalyze a up-to-date era of innovation and growth in the United States. “FIT21 is becoming law. The era of the American Renaissance is beginning.”

#9 Exponential growth of risk-weighted assets

Svanevik predicts significant growth in the market capitalization of tokenized real-world assets, estimating at least a threefold enhance. “We will see a three-fold increase in the market capitalization of RWA – at the lowest level. Probably a lot more. People will finally realize the full potential of cryptocurrencies: every asset will be tokenized.”

At the time of publication, Bitcoin was trading at $94,239.

BTC price rises again above $94,000, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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