ViaBTC Capital and CoinEx Release the 2022 Crypto Annual Report: Review of Nine Sectors and Forecast of Crypto Trend in 2023
Bitcoin, Ethereum, stablecoins, NFT, public chains, DeFi, SocialFi, GameFi and regulatory policies. This report also predicts the crypto trend in 2023.
According to the report, affected by factors such as the macro environment and bull-to-bear transition, the whole cryptocurrency industry became bearish in 2022. In particular, following the Terra meltdown in May, most cryptocurrency sectors were hit by the bearish impact. Below is the overview of each segment.In 2022, the overall performance of Bitcoin remained sluggish, with significant declines in price and trading volume compared to 2021.
price, plummeted, which both negatively affected the market. On the other hand, the number of NFT holders kept growing and reached a historic high in December.DeFi’s TVL also trended downward in 2022. In particular, during the LUNA/UST meltdown in May, mainstream coins witnessed the most spectacular crash in the history of cryptocurrencies, which was followed by a TVL collapse. Additionally, over the year, DeFi also suffered frequent hacks, which raised security concerns for DeFi.
Chain and Polygon. In addition, most chains relied heavily on their top projects, and there were still plenty of low-quality GameFi projects with a small user base, subpar interactions and low trading volumes.Generally speaking, for the cryptocurrency industry, 2022 was full of ups and downs, but regulations are headed in the right direction. Over the past year, regulators in the developed world achieved a lot of progress.
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