Analysts say 2022 will be ‘defined by agility and cost-efficiency’ instead of ‘blockchain purity’

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Trader’s calls for a $100,000 Bitcoin price have yet to come true, but analysts expect crypto projects that focus on “cost efficiency” and “agility” to soar in 2022.

As the DeFi ecosystem continues to grow and develop new capabilities, Lifchitz predicted that banks and insurances companies will be forced to adapt their business models in order to stay competitive while “middle-man businesses are more at risk as they are made redundant by DeFi.”

As far as the hype around the emerging Metaverse, Lifchitz stated that while it does look as though we are headed to a future that could resemble scenes from the movie“where people take refuge into a virtual world since their real world is terrible,” our world is still “years away from that.”Mass adoption is likely to continue

Lagoudis suggested that “the sustained adoption of digital assets by institutional investors and their further integration into the legacy financial systems will be the main drivers of growth of the crypto space in the next year” as institutions were seen as starting to favor “digital assets over gold as a reserve asset” over the course of 2021.

 

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While some traders are now questioning the validity of the stock-to-flow price model, crypto analyst ‘DecodeJar’ still sees BTC surpassing the $100K price point within the next few months and according to the analyst, the price could climb as high as $250,000 by the end of 2022.

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Eventually, experts could look to the Obyte protocol for cost efficiency and agility. Wait and see.

Gartner_inc expects usage of privacy-enhancing computation techniques will be one trend in 2022 due to evolving privacy and data protection laws as well as growing consumer concerns. uPlexaCoin's dVPN and private payments provide powerful privacy tools. It will soar in 2022.

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