What narratives have potential in this round? Inspired by @xingpt, we can think about which narratives have potential in this round. 💠 Putting on a compliant shell The feasible ones should mainly be DeFi (including RWAFi and Payfi). ✦ Old DeFi includes UNI, LINK, SKY, AAVE... ✦ RWA and FWAFi: Plume, ONDO... ✦ Payfi: HUMA 💠 New tracks that emerged after 2021 include: Derivative DEX, re-staking, DePin, MEME platforms/MEMEfi, InfoFi, AI, chain abstraction, cross-chain, Move language public chains, and other purely technical aspects like modularity and parallel EVM are generally not appealing to retail investors. ✦ Derivative DEX: HYPE, GMX, DYDX... ✦ Re-staking: Pendle, EIGEN... ✦ DePin: THETA, ATH, HNT... ✦ MEME platforms/MEMEfi: M, PUMP (not yet issued)... ✦ InfoFi: Kaito, Cookie... ✦ AI: TAO, ATH, sahara, FHE, Virtual... ✦ Chain abstraction: Parti, XION... ✦ Cross-chain: ZRO, W, DBR... ✦ Move language public chains: SUI, APT... ✦ Modularity: TIA... ✦ Parallel EVM: Monad (not yet issued), Reddio, Somnia (not yet issued)... Feel free to add to the discussion!
The cryptocurrency space in 2025 will be about taking the innovative products from 2021, wrapping them in a compliant shell, and doing it all over again.
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