Crypto's Rise in 2023: What's Next for Digital Assets?
TL;DR Summary
Solana (SOL) led the way in token price gains in 2023, followed by Avalanche (AVAX), Helium (HNT), and Stacks (STX). Solana's rally was unaffected by regulatory concerns and the collapse of FTX. Helium made significant gains after entering the mobile sector, while Avalanche benefited from institutional partnerships. Bitcoin also had a strong year due to optimism surrounding a potential spot bitcoin ETF. In 2024, experts predict continued rallies for bitcoin and ether, with a focus on decentralized identity and real-world assets. The "Decentralized Physical Infrastructure" narrative is also expected to gain traction.
- Solana, Avax, Helium Led Digital Assets Gains This Year. What's Next? CoinDesk
- Crypto had a surprisingly great year. It still faces threats in 2024. Yahoo Finance
- Crypto's biggest stories of 2023 Axios
- Bitcoin Rose on Rumors in 2023. How to Predict What Comes Next. The Wall Street Journal
- Bitcoin Beats Equities, Gold In 2023! Rediff.com
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