Binance Says in Its Report that Bitcoin and These Eight Events Will Mark 2024! Two Altcoins Included in the Report Attracted Attention: Is Listing Near?

Binance, the world’s largest cryptocurrency exchange, published a new report today. Evaluating 2023, Binance Research analysts said that eight main themes will be the focus in 2024.

Stating that the eight main themes they have identified for 2024 are “Bitcoin ecosystem (including BRC-20 tokens), ownership economy applications, artificial intelligence (AI), real-world assets (RWA), on-chain liquidity, institutional adoption, account abstraction and blockchain security.” “These areas are particularly exciting for us and we expect significant advances in these areas,” Binance Research said. said.

“2023 is the Year of Recovery!”

Stating that 2023 is the year of recovery for the cryptocurrency markets, analysts stated that the impressive growth in the market was due to the increases in the first and fourth quarters of the year.

“The increase in the last quarter was driven by optimism around Bitcoin ETF approvals and expectations of Bitcoin’s upcoming halving.

A strong recovery in 2023 lays the foundation for further breakthroughs and growth in the cryptocurrency space.

At this point, we expect the growth in the crypto market to continue in 2024.”

“Bitcoin and BRC-20 Tokens Had a Good Year!”

Stating that the Bitcoin and BTC ecosystem has had a strong year 2023 with the BRC-20 craze, analysts said that Bitcoin has regained its dominance in terms of both market value and attention.

Binance Research, which expects the momentum in BRC-20 and Bitcoin to continue in 2024, stated that spot ETF flows and Bitcoin halving will be followed here.

At this point, Binance Research said that BRC-20 tokens opened a “new era” for Bitcoin and listed the top five BTC-20 tokens according to market value.

While ORDI, SATS, RATS, MUBI and TRAC were included in this list, it was noteworthy that MUBI and TRAC were not listed on Binance.

This increased rumors that Binance might list MUBI and TRAC.

Analysts who also examined Ethereum said that spot Ethereum ETF events will be followed in ETH this year.

“Solana was in the front rows!”

Analysts who also examined Solana said that SOL was at the forefront of the market in the last months and weeks of the year, with the rise it experienced.

“Despite being deeply affected by some events in 2022, Solana finished the year on a high.

“Network outages are expected to decrease further in Solana in 2024.”

Referring to the hacking incidents in the DeFi field, analysts pointed out that the hacking incidents in the DeFi field have increased significantly in 2023 and said that more emphasis will be placed on ensuring security in the DeFi field in 2024.

Finally, Binance Research stated that institutional adoption will increase even more in 2024 and that records will be achieved in the eight areas they listed.

Binnace Research analysts have examined many altcoins and topics other than Bitcoin, BRC-20 tokens, Ethereum and Solana.

*This is not investment advice.