Investors are increasingly focusing on real world assets (RWA), decentralized finance (DeFi), and new blockchain protocols amidst changing market trends.
Growth of Popular Projects
Berachain's popularity surged following a recent token airdrop and listing on Binance and Bitrue. The project utilizes a unique Proof-of-Liquidity consensus mechanism, considered more efficient. Bitrue supported the launch with special offers, including a deposit contest and the Power Piggy product with a 10% annual yield. However, post-airdrop token prices fell due to heavy selling.
New Tech Initiatives
Projects like MegaETH, Initia, and Monad are enhancing scalability, advancing DeFi, and improving blockchain efficiency. Expert Ignas notes the rising popularity of projects that reward active participants. MegaETH and Berachain incentivize users who contribute to development through testing or social media.
Move Away from Memecoins
Memecoin capitalization is declining along with investor interest. Previously, speculative excitement drove short-term rallies, but confidence in this sector is now waning due to a lack of real innovation. Crypto expert Tarun Gupta highlights important market changes, noting that real growth is seen in high-tech protocols like Fluid, Balancer V3, Uniswap, and Ondo Finance.
Despite positive changes, transitioning to high-tech projects doesn't guarantee market stability. Issues with regulation, security, and scalability remain, making investor research essential.
