CoinGecko Analyst Discusses Top Crypto Narratives of 2024 | Airdrop Alert Pro

CoinGecko research analyst Shaun Lee highlighted the success of AI crypto projects and the unprecedented growth of certain meme coins.

In an interview with BeInCrypto, Lee also highlighted the use of cryptocurrency points airdropPerpetual trading Decentralized exchangeand real world asset (RWA) projects are other promising stories to watch in 2025.

The surge in artificial intelligence projects

Since its establishment Chat GPTLee emphasized that the crypto community is very interested in building projects aimed at merging blockchain technology and artificial intelligence capabilities. By 2024, many have achieved positive results in promoting decentralized access to artificial intelligence.

Lee highlighted Virtuals Protocol, a decentralized platform for creating, owning and monetizing artificial intelligence agents in virtual worlds, as one of the most successful projects.

Only in the last month, Virtuals created over 21,000 AI Agent tokensaccording to dune datawhile certain tokens such as AIXBT and Luna Just days after its initial launch, the stock price soared more than 300%.

Li also mentioned AI-driven venture capital firms Artificial Intelligence 16zwhich launched in October and currently has a market capitalization of $600 million. As of this month, the Eliza framework, the technical foundation of AI16z, has become one of the most widely adopted open source frameworks for AI agents.

This open source platform enables developers of all levels to build and deploy AI-driven solutions. AI16z’s framework is specifically designed to bridge the gap between centralized and decentralized systems, making it usable by Web3 and Web2 developers.

A successful year for meme coins

In addition to AI integration, there has been a boost in the creation of new memecoins, which has led to an increase in transaction volume and a surge in overall earnings.

“The resurgence of Solana and the creation of Pump.fun has led to a surge in meme coins. Meme coins are now easily available and can be created with the click of a few buttons, and this is the trend for 2023,” Lee told BeInCrypto.

Since launching this year, Pump.fun has become a major player and dominates Solana Meme tag. According to statistics, Meme Coin Launchpad’s revenue will be close to US$300 million in 2024 data from Decentralized Finance camel.

Promising airdrop story

this The success of the airdrop story Lee said that the DeFi field is also a highlight this year.

“After lagging behind over the past few years, DeFi is once again up for grabs. Airdropped points have increased Pendle usage, while Ethena’s new Stablecoin The model and its integration with many popular DeFi protocols have helped enhance its popularity. ” he told BeInCrypto.

Pendle Ethereum-based revenue trading protocol Tokenize earnings from crypto assets, allowing users to trade and manage earnings assets. It supports strategies such as fixed income income, income speculation, and income farming, bringing traditional financial concepts into the DeFi world.

Although the concept behind Pendle has been around for a long time, its specific framework allows users to trade tokens while earning a rate of return of up to 47% on the underlying assets, which is better than existing similar projects.

Launched in 2021, Pendle has surged in popularity this year due to an increase in airdrops for Ethereum liquidity staking and DeFi protocols such as Ether.Fi. April, raise Ethena’s USDe pool cap Up to $400 million in funding fueled further activity, pushing Pendle’s total value locked (TVL) to a staggering $4.88 billion.

Encryption Point Agricultural Practice

Pendle’s spot-till method is also noteworthy. Crypto Points are a reward system used by the Web3 project to motivate user participation. By completing specific actions, users can earn points, which can be spent on airdrops or used for other types of rewards.

“Point farming is an amazing development, with many new projects (such as Eigen and the staking protocol) leveraging idle capital during the bear market by offering points (in anticipation of future airdrops) in exchange for the total value locked,” Lee explained.

When discussing success in the DeFi space, CoinGecko’s research analysts also highlighted Tokens of the Aave protocolA recent surge in activity has been fueled by a massive accumulation of whales, injecting new liquidity into the market.

Similarly, decentralized exchanges have also witnessed a surge in the popularity of perpetual trading. Lee cited Hyperliquid’s recent airdrop as an example of how the move significantly increased trading volume.

Hyperliquid, a high-performance decentralized cryptocurrency exchange based on its own Layer 1 blockchain, made waves in late November. It airdropped HYPE tokens Over 90,000 users.

This generous token allocation created the largest-ever airdrop in cryptocurrency history, and the token’s price surge has continued, reaching an all-time high this week. The crypto community was surprised, setting a new standard for future crypto airdrops.

A bright future for real-world assets

According to Li, Real-world asset projects are here to stay. RWA is a physical or financial asset that exists outside the digital spectrum and is represented on the blockchain in the form of a token.

“In previous cycles, the RWA narrative has struggled to get off the ground, but this time it has managed to gain a foothold. Major financial institutions have increased their involvement in the RWA space, with BlackRock establishing the BUIDL Fund to provide accredited investors with Offering the opportunity to earn USD revenue,” he told BeInCrypto.

According to RWA.xyz, tokenized treasuries have grown from more than $700 million at the beginning of the year to more than $3 billion.

When BUIDL, a tokenized U.S. Treasury note issued by asset management giant BlackRock, entered the RWA space in July, it experienced a market surge that also sparked Overall market capitalization growth Assets related to RWA.

This year, several outstanding leaders emerged from the RWA cryptocurrency project. maple For example, finance tokenizes corporate debt and integrates traditional finance and decentralized finance. The platform provides investment opportunities and financing solutions to businesses.

By using smart contracts and automated credit assessment, Maple enables institutional investors to Tokenization Real-world assets that allow for novel financial tools and strategies.

Ondo Finance is another well-known RWA crypto project that specializes in the tokenization of fixed income assets. It offers a variety of treasury strategies to optimize returns and reduce risk, while the ONDO token offers exposure to diverse assets, making it a compelling option for investors looking for unique financial opportunities.