In the ecosystem in the coming doubling from $200 billion to $400 billion year on year. A recent report from investment bank JP Morgan Whatsapp Number List shows that it's not just about experimenting anymore. $9 billion in profits alone are made each year by individuals and organizations that are "striking": locking/saving crypto that earns you interest. Building bridges I foresee a number of developments in the coming year. Now that 'big finance', the big banks, are working hard with DeFi, you see many startups building bridges.
With their products. Bridges between traditional finance and new crypto world. Synthetix is the best-known example of this, Nexis does this Whatsapp Number List nicely with insurance and many other startups will also launch their product on the market next year. The virtual gas price is going through the roof The high fees that many people in developing countries pay for sending money are often the marketing argument of enthusiasts to promote cryptocurrencies. Where easily 10-20% is charged by parties such as
Western Union, crypto transactions are often a fraction of this. For example, someone recently paid $0.80 for a $2 billion transaction in Whatsapp Number List Bitcoin. Unfortunately, this is no longer the case with the Ethereum blockchain, on which the majority of blockchain applications run, such as 'smart contracts', 'NFTs' and DeFi products. The costs for transactions, the so-called GAS, have increased by more than 300% in 1 year . Developers are therefore looking to other blockchain networks for the development of their applications, where Polkadot is currently doing well.