When Bitcoin launched in 2009, it captured the attention of tech enthusiasts because of its bold experiment in decentralization and peer-to-peer transactions. But the Latest in Crypto Trends behind it also offered a level of transparency and security that was previously unattainable.
Latest in Crypto Trends
Consequently, it is no surprise that other blockchain-based projects have emerged to leverage this cutting-edge financial technology. Ripple, for example, offers a low-cost way to send international payments, while Ethereum enables developers to create and execute programmable contracts. The growing use cases of these and other blockchain-based solutions have helped to fuel a market boom, with the cryptocurrency market hitting record highs in 2024.
The recent gains after the halving event suggest that Bitcoin is headed toward its next major peak. In fact, one survey revealed that nearly half of crypto experts expect it to surpass its all-time high within six months of the last halving.
As the blockchain ecosystem matures, new consumer apps and other opportunities become possible. For example, Pepe Unchained, which recently reached a $13 million presale, is built on a Layer-2 blockchain designed to ease transaction costs and congestion on older blockchains like Bitcoin.
Stablecoins also continue to grow in popularity, with the U.S. dollar-based Tether leading the pack in terms of global market share. This demonstrates that stablecoins are able to compete with traditional fiat currencies in some key markets. As this trend continues, we expect more and more countries to flesh out their own stablecoin strategies, including in the U.S., where a stablecoin could potentially strengthen the country’s footing abroad and reduce costly wire transfer fees.
