A list of top 10 cryptocurrency trends shaping the future of finance.
2020 was a remarkable year for cryptocurrency as COVID-19 accelerated the digital transformation. No doubt, 2021 is also witnessing major breakthroughs and achievements as cryptocurrency trends are shaping the future of finance. We are halfway through 2021, but new developments in the crypto world are emerging each day. In the next six months, we can expect more crypto adoption and top cryptocurrency trends ruling the crypto space.
If you are a crypto enthusiast, you should know the top crypto trends for better investment decisions. Here are the top 10 cryptocurrency market trends in 2021 for everyone to watch out for.
Decentralized financial services or DeFi projects will be one of the biggest trends in the crypto world in 2021. DeFi projects have built a strong foundation in the financial field lately. Moreover, experts believe that DeFi will be one of the key drivers for the accelerated adoption of digital storage of assets or tokenization. Also, with the growth of Ethereum (built on DeFi protocols), DeFi will also boom.
Growth of Stablecoins
In 2020, the volume of stablecoins in circulation was increased by 500%. Dollar pegged stablecoins will see more light of the day in 2021 with Tether and USDC being the market leaders. Stablecoins are one of the trending crypto coins today. With the advantages that stablecoins offer, more investors are investing in them to…