What is the Next Big Crypto Trend After NFTs

Nishita Gupta
Nishita Gupta February 20, 2023
Updated 2023/02/20 at 9:53 AM
The Cryptocurrency world is constantly evolving with new trends emerging every other day. None of us can actually accurately predict what is the next big crypto trend, however, there are several potential trends that could emerge in the crypto space after the rise of NFTs.
Here are a few possibilities:
  1. Decentralized Finance (DeFi) – DeFi has already gained significant attention in the crypto community, but it is still in the early stages of development. DeFi refers to financial applications built on blockchain technology that allows users to borrow, lend and trade cryptocurrencies without intermediaries. It’s possible that DeFi could become more mainstream as blockchain technology continues to advance.
  2. Central Bank Digital Currencies (CBDCs) – Many countries are exploring the idea of issuing their own digital currencies. CBDCs would be backed by central banks and could provide a more secure and efficient way to transact digitally. If CBDCs become more prevalent, they could have a significant impact on the crypto space.
  3. Interoperability – Currently, there are many different blockchains that operate independently of each other. However, there is a growing need for these blockchains to communicate with each other. Interoperability solutions could become a significant trend in the crypto space, enabling seamless communication between different blockchains.
  4. Environmental sustainability – The environmental impact of crypto mining has become a growing concern, particularly in light of the increasing popularity of NFTs. It’s possible that there could be a shift towards more environmentally sustainable crypto solutions, such as proof-of-stake rather than proof-of-work.

Overall, there are many potential trends that could emerge in the crypto space after NFTs, and it’s difficult to predict which one will become the “next big thing.” However, these are a few possibilities to keep an eye on,

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