2024 Industry Outlook and Reflections on Encryption

3 Encryption Themes for 2024

1. The emergence of AI has had a huge impact on writers and other knowledge workers, making skills that once required long-term accumulation no longer scarce.

2. Cryptocurrency has entered the mainstream, becoming a fundamental part of business development, but it also means that its anti-traditional characteristics are fading.

3. The Solana ecosystem is experiencing a revival, becoming one of the more frequently used public chains. This indicates that changes in the blockchain world occur rapidly, and we need to maintain an open mindset.

Lessons and Reflections from 2024

1. The encryption market still experiences irrational exuberance, such as the surge of Meme coins, but this phenomenon also leaves people feeling lost and uneasy.

2. Large language models and other AI tools are changing the way people work and learn, and we need to adapt to new tools to remain competitive.

3. Decentralized technology is expanding beyond finance into areas such as communication, energy, and manufacturing.

4. As traditional finance enters the encryption field, we have entered a period where actual profits exceed ideal ones, and cryptocurrencies also face dangers.

5. In the face of uncertainty brought about by new technologies such as AI, we need to remain vigilant but should not over-panic.

6. The encryption market needs to constantly restart and try again; failure is part of success.

7. We need to be vigilant about the influence of algorithms on our cognition and behavior; maintaining independent thought is important.

8. Tokens are not only tools for value transfer but also carry people's hopes and dreams, so when investing, more dimensions should be considered.

9. Decentralized Science ( DeSci ) and other emerging fields are exploring new research models, which are worth paying attention to.

10. The trend towards marketization is accelerating, and more novel markets such as prediction markets may emerge in the future.

11. We need to be vigilant about the potential negative impact of AI on human nature and avoid being completely "domesticated".

12. It is important to pay attention to industry fringes and emerging topics, such as artificial intelligence agents, longevity research, etc.

13. In a rapidly changing market, timely profit-taking is equally important; do not overly pursue short-term gains.

25 Predictions for 2025

1. AI agents based on large language models will be embedded in physical robots.

2. The number of applications/protocols based on LLM will increase significantly.

3. Breakthroughs will be achieved in zero-knowledge proofs and secure multiparty computation technology.

4. AI-driven KOLs will dominate social media platforms.

5. AI will change most people's workflows in the next year.

6. Perceptual AI agents will receive significant investment.

7. Non-human perception will become one of the fastest-growing areas of employment.

8. An AI agent may receive the Time Magazine Person of the Year award.

9. The total locked value on the chain (TVL) will reach 1 trillion USD.

10. The AI agency platform and token market capitalization will reach $500 billion.

11. The first "kidnapping" incident involving a humanoid robot may occur.

12. Accelerationism will become the new mainstream narrative.

13. Real world assets ( RWA ) will become an important track.

14. The concept of Web4 will receive more attention.

15. The X platform may integrate encryption wallet features.

16. Decentralized social media platforms will become the main venues for AI agent experiments.

17. The interaction between humans and AI will become more natural.

18. The protocols and applications created by AI will grow exponentially.

19. AI-generated films may achieve artistic accomplishments.

20. A new encryption data analysis platform will emerge.

21. Traditional Meme coins may launch real-life spokespersons.

22. The encryption market will further segment.

23. The Bitcoin financial ( BTCFi ) ecosystem is about to explode.

24. The competition between AGI and ASI development will intensify.

25. Emerging religions based on AI may appear.

23 Tokens Worth Paying Attention To

1. BTC: The status of Bitcoin as a reserve asset will be further consolidated.

2. VIRTUAL: The infrastructure token for AI agents on Base

3. ENA: High-yield protocol token that attracts traditional finance.

4. CLANKER: Token issuance platform on Farcaster

5. AIXBT: Token of a well-known AI analysis account

6. COOKIE: AI Token Data Analysis Platform Token

7. HNT: Token of the decentralized Internet of Things project Helium.

8. META: Futarchy-based governance experimental token

9. GOAT: The token of the famous AI agent Goatseus Maximus

10. ONDO: Real World Assets ( RWA ) domain representative project token

11. TAO: Token of the decentralized AI project Bittensor

12. WZRD and PUPS: Well-known NFT projects in the Bitcoin ecosystem

13. AAVE: Leading token of decentralized lending protocol

14. AR: The token of the decentralized permanent storage project Arweave.

15. ZEREBRO: On-chain AI Artist Token

16. WLD: The project token initiated by OpenAI founder Sam Altman

17. DRIFT: Perpetual contract and prediction market protocol token on Solana

18. GRIFFAIN and ARC: project tokens competing for the status of "Virtuals on Solana"