Research Team Released 2023 Forecasts for Bitcoin and Cryptocurrencies!

According to the Block Research team, the overall macro environment in 2023 cryptocurrencies It is expected to continue to put downward pressure on high-risk assets such as

However, rather than experiencing a serious decline, a sideways move may be more likely in the next year.

According to the team, many projects that fail to achieve product-market fit are expected to be abandoned due to lack of funding and demand.

M&A activities are expected to increase as companies in financial difficulties are sought to be acquired. Venture finance is also expected to slow down significantly in the first half of 2023.

“Cryptocurrency Prices Are Expected To Continue To Depend On The Steps Of Central Banks”

Cryptocurrency prices are expected to remain relevant to central banks’ monetary policies, according to Block Research. bitcoin and Ethereum The gap between market values ​​is expected to continue to narrow, but the “flippening” (Ethereum overtakes Bitcoin in market cap) is not expected to occur in 2023.

It is expected that the main table in 2023 will shift towards Ethereum layer-2 scaling solutions and the total value (TVL) locked to these solutions will increase (at least in terms of ETH value). Zk-rollups are expected to outperform optimistic rollups in relative growth.

StarkNet, zkSync and Arbitrum Major tier-2 solutions such as these are expected to issue their tokens.

Modular blockchains like Celestia are expected to attract more attention and outperform the monolithic blockchains offered by the previous cycle.

The decline of centralized crypto companies over the past year is expected to lead to increased regulation for centralized entities, with Binance being the main focus in this regard. Coinbase is anticipated to take advantage of the uncertainty surrounding Binance.

*Not investment advice.