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A16z crypto just released State of Crypto report. According to the report ⬇️ It shares insights on key trends — like stablecoins, L2s, and AI — plus, crypto’s rise as a hot policy issue, new data on builders and users, and much more. Here are 7 top takeaways ⬇️ 1. Crypto activity and usage hit all-time highs 2. Crypto has become a key political issue ahead of the U.S. election 3. Stablecoins have found product-market fit 4. Major scaling upgrades have drastically reduced onchain transaction costs 5. DeFi remains popular — and it’s growing 6. Crypto could solve some of AI’s most pressing challenges 7. More scalable infrastructure has unlocked new onchain applications

Last week we released our latest State of Crypto report. There are a ton of amazing takeaways; It shares insights on key trends — like stablecoins, L2s, and AI — plus, crypto’s rise as a hot policy issue, new data on builders and users, and much more. Here are some top takeaways ⬇️ - Crypto activity and usage hit all-time highs - Stablecoins have found product-market fit - Major scaling upgrades have drastically reduced onchain transaction costs - Crypto could solve some of AI’s most pressing challenges - More scalable infrastructure has unlocked new onchain applications Check out the full report: https://lnkd.in/gdyBPEEp

🚨 Fresh out of the oven! A16z's 7 Key takeaways for the State of Crypto Report 2024: #1 Crypto activity and usage hit all-time highs - 220 million monthly active addresses interacted with blockchain once in Sept'24 #2 Crypto has become a key political issue ahead of the U.S. election - rising interest in crypto in swing states (Pennsylvania and Wisconsin) while Democrats and Republicans recognize opportunity to pass bipartisan legisaltion #3 Stablecoins have found product-market fit - stablecoin activity and adoption has grown to nearly a third of daily crypto usage at 32% #4 Infrastructure improvements have increased capacity and drastically reduced transaction costs - significant Etheruem activity moved to L2 while Zero Knowledge proofs may be the endgame for privacy, scaling and interoperability #5 DeFi remains popular - share of crypto trading is growing since DeFi summer 2020 and now account for 10% of spot trading activity #6 Crypto could solve some of AI’s most pressing challenges - builders show increasing interest in AI used by infra, DeFi, DePIN #7 More scalable infrastructure has unlocked new onchain applications - this is more pronounced for social networks, gaming and prediction market a16z crypto Link to the A16z report: https://lnkd.in/gkTW99Ch #web3 #a16z #report #2024 #crypto #activity #stablecoin #defi #AI #scalability #infrastructure

Great summary! With a continuing in rhe Cryto and Web3 market, it will not be suprise to see increasing regulatory expectations and our Association aim to provide information and support to enable Compliance officers in the blockchain community. #crypto # compliance #aml #web3 #blockchain

Day 27/100 of Web3 Dive Let’s talk about a16zcrypto’s State of Crypto Report 2024—a deep dive into the CURRENT CRYPTO LANDSCAPE Released on October 16, the report showcases GROUNDBREAKING developments in #crypto usage, technology, and policy. Here’s what caught my attention: 1️⃣ 𝐑𝐞𝐜𝐨𝐫𝐝 𝐀𝐜𝐭𝐢𝐯𝐢𝐭𝐲:  ↗ 220 million active crypto addresses as of September 2024! ↗ The report highlights a significant jump in user engagement, with Solana contributing 100 million of these addresses. ↗ Platforms like NEAR Protocol, Base, TRON DAO, and #Bitcoin also show vibrant growth. ↗ This is a clear sign of how far crypto infrastructure has come—handling larger transaction volumes with lower costs. 2️⃣ 𝐂𝐫𝐲𝐩𝐭𝐨 𝐚𝐧𝐝 𝐏𝐨𝐥𝐢𝐭𝐢𝐜𝐬: ↗ Crypto is officially entering political discourse in the U.S., especially in swing states like Pennsylvania and Wisconsin. ↗ Increased search interest and approval of Bitcoin and #Ethereum exchange-traded products (ETPs) are shaping crypto’s future in the elections. ↗ With over $65 billion held in on-chain assets through ETPs, this is a significant marker of how mainstream crypto is becoming. 3️⃣ 𝐒𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧𝐬 𝐚𝐫𝐞 𝐓𝐡𝐫𝐢𝐯𝐢𝐧𝐠:  ↗ $8.5 trillion in transactions during Q2 of 2024 alone! ↗ And thanks to tech upgrades, sending USDC on Coinbase’s Base now costs less than a cent, compared to the hefty $44 international wire fees. ↗ Stablecoins are proving to be game-changers in global financial transactions. 4️⃣ 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐔𝐩𝐠𝐫𝐚𝐝𝐞𝐬:  ↗ Ethereum's Layer 2 networks and other high-throughput blockchains are now processing 50 times more transactions per second compared to 4 years ago. ↗The Dencun upgrade is making Ethereum more scalable, driving mass adoption with reduced fees. 5️⃣ 𝐃𝐞𝐅𝐢 𝐢𝐬 𝐓𝐡𝐫𝐢𝐯𝐢𝐧𝐠: ↗DeFi continues to be a powerful force, making up 34% of daily active addresses with over $169 billion locked in various protocols. ↗DeFi is changing the face of finance, creating an alternative to traditional banking that offers transparency and efficiency. 6️⃣ 𝐀𝐈 + 𝐂𝐫𝐲𝐩𝐭𝐨 = 𝐅𝐮𝐭𝐮𝐫𝐞: ↗34% of crypto projects now integrate #AI. ↗This collaboration is poised to address issues like AI centralization through blockchain’s decentralized capabilities. ↗It’s exciting to see this synergy, especially as it opens up new possibilities for innovation. 7️⃣ 𝐄𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐀𝐩𝐩𝐬: ↗With reduced transaction costs, we’re seeing a shift in the #NFT market toward accessible minting options, particularly on social platforms. ↗Social networks and gaming projects are also gaining traction, showing that blockchain tech is expanding into broader sectors. The industry is maturing fast, and as a Web3 product manager, it's critical to stay informed on these trends and think about how they influence the next wave of decentralized products. https://lnkd.in/gRKEcSv2

An interesting read for everyone and anyone curious about the current and future predicted state of Crypto. The a16z crypto report shares their 7 key takeaways: 1. Crypto activity and usage are at an all time high 2. Crypto has become a key political issue ahead of the US election 3. Stablecoins have found product-market fit 4. Infrastructure improvements have increased capacity and reduced transaction costs 5. DeFi is popular and growing 6. Crypto can solve some of AI's most pressing challenges 7. More scalable infrastructure has unlocked new onchain applications Share your thoughts in the comments!

🧑🎓 𝐇𝐎𝐖 𝐁𝐈𝐆 𝐈𝐒 #𝐂𝐑𝐘𝐏𝐓𝐎 𝐓𝐎𝐃𝐀𝐘? 𝐒𝐓𝐀𝐓𝐄 𝐎𝐅 𝐂𝐑𝐘𝐏𝐓𝐎 𝐀𝐍𝐍𝐔𝐀𝐋 𝐑𝐄𝐏𝐎𝐑𝐓 𝐀𝐙𝟏𝟔 (October 2024) Andreessen Horowitz (best known as a16z) is a venture capital firm that backs bold entrepreneurs building the future through technology. Every year they release an annual "State fo Crypto Report". This is their 3rd edition and worth a read. Some important key takeaways are: 1️⃣𝐂𝐫𝐲𝐩𝐭𝐨 𝐮𝐬𝐚𝐠𝐞 𝐡𝐚𝐬 𝐫𝐞𝐚𝐜𝐡𝐞𝐝 𝐫𝐞𝐜𝐨𝐫𝐝 𝐥𝐞𝐯𝐞𝐥𝐬, showing sustained interest despite market volatility. 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐞𝐫 𝐞𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭 is also at an all-time high, reflecting innovation and new applications. 2️⃣ 𝐔.𝐒. 𝐞𝐥𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝟐𝟎𝟐𝟒 𝐰𝐢𝐥𝐥 𝐬𝐞𝐞 𝐜𝐫𝐲𝐩𝐭𝐨 𝐚𝐬 𝐚 𝐦𝐚𝐣𝐨𝐫 𝐩𝐨𝐥𝐢𝐭𝐢𝐜𝐚𝐥 𝐢𝐬𝐬𝐮𝐞. As the technology matures, regulation becomes more pressing, and candidates are increasingly discussing how they will address blockchain and digital assets. 3️⃣ #Stablecoins, cryptocurrencies tied to stable assets like the U.S. dollar, are becoming more popular. Their price stability and usefulness in everyday transactions are driving this adoption, making them a preferred choice over more volatile assets. 4️⃣ 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐢𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐡𝐚𝐬 𝐬𝐞𝐞𝐧 𝐢𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭𝐬 that make it cheaper and faster to use. These upgrades reduce transaction fees and processing times, making crypto more accessible to users and increasing the likelihood of widespread adoption. 5️⃣ 𝐃𝐞𝐜𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐞𝐝 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 (#DeFi) is growing rapidly. By cutting out traditional financial intermediaries, DeFi platforms offer users new ways to borrow, lend, trade, and earn interest. This expansion represents a shift toward more decentralized control over financial services. 6️⃣ The 𝐢𝐧𝐭𝐞𝐫𝐬𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐚𝐫𝐭𝐢𝐟𝐢𝐜𝐢𝐚𝐥 𝐢𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 (𝐀𝐈) 𝐚𝐧𝐝 𝐜𝐫𝐲𝐩𝐭𝐨 is an emerging trend. Crypto technologies are helping solve some challenges faced by AI, such as managing vast amounts of data and distributing computing power more efficiently. This overlap is opening up new frontiers for both fields. So, public networks, better user interfaces, more adoption... what are you waiting for? See the complete report in the link down below these lines. #consultancy Shareyourworld

State of Crypto Report 2024: New data on swing states, stablecoins, AI, builder energy, and more 7 key takeaways ✨✨ Crypto activity and usage hit all-time highs Crypto has become a key political issue ahead of the U.S. election Stablecoins have found product-market fit Infrastructure improvements have increased capacity and drastically reduced transaction costs DeFi remains popular — and it’s growing Crypto could solve some of AI’s most pressing challenges More scalable infrastructure has unlocked new onchain applications For the full report review here 👇 https://lnkd.in/gdyBPEEp

🎙️ Live AMA: Crypto Regulations | Utility Tokens | Stablecoins | RWA Tokenization As the digital financial landscape continues to evolve at an unprecedented pace, it's critical for industry professionals, regulators, and investors alike to stay ahead of emerging trends and navigate the complex legal and regulatory frameworks that are shaping the future of this industry. During this live AMA, we will focus on four key areas that are set to redefine the next chapter of the crypto revolution: Crypto Regulations: What does the future hold for global regulatory frameworks? How will governments balance innovation with security and compliance to create a sustainable ecosystem for crypto and blockchain? Utility Tokens: The growing importance of utility tokens as a driver of decentralized applications and projects. How are they being integrated into real-world economies and platforms to deliver tangible value? Stablecoins: As the demand for stable digital assets grows, what role will stablecoins play in enhancing trust and liquidity in the global financial system? We will explore the risks, rewards, and regulatory challenges surrounding these digital currencies. RWA Tokenization: Real World Asset (RWA) tokenization is a game-changer, unlocking new possibilities for asset-backed securities and bridging traditional finance with the blockchain. We will look at how tokenizing real-world assets can create liquidity, transparency, and access to a broader range of investments. Come join industry leaders as we will delve into some of the most exciting and transformative topics in the world of cryptocurrency and blockchain technology. Guest Speakers: Gregory Johnson: CEO, Rubicon Crypto André Casterman: Founder, Casterman Advisory Ziv Keinan: Markets Team Member, XDC Network Billy Sebell: Executive Director, XDC Foundation Moderator: Jon McBee: XDC Community Member Event: When: Tuesday, 17.DEC.2024, 2PM EST Where: X Space: https://lnkd.in/e4tn7SZW

a16z published its much anticipated State of Crypto Report 2024. Must Read! 𝐓𝐨𝐩 7 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 ✅ Crypto activity and usage hit all-time highs ✅ Crypto has become a key political issue ahead of the U.S. election ✅ Stablecoins have found product-market fit ✅ Infrastructure improvements have increased capacity and drastically reduced transaction costs ✅ DeFi remains popular — and it’s growing ✅ Crypto could solve some of AI’s most pressing challenges ✅ More scalable infrastructure has unlocked new onchain applications https://lnkd.in/g-kcFjqw