As the sun prepares to set on 2024, it’s worth taking a moment to reflect on where we are – and how far we’ve come. Whatever your expectations were for the last 12 months in cryptoc, it’s safe to say the industry has blown them away, breaking new records in terms of asset prices, trading volumes, and active users.
But there’s a lot more to measuring 2024 than checking the price of Bitcoin. Because while the state of the markets shows how far we’ve come, it doesn’t capture the innovations that have taken root during the past year, from RWAs to DeSci and from AI to data delivery. While there are many metrics by which the current cycle can be measured, DWF Ventures’ end-of-year thread is as good a place as any to start.
Looking Back on a Year to Remember
This year, the cryptocurrency landscape has evolved in ways that few would have predicted at the outset. While previous cycles have vacillated between boom and bust, 2024 charted a more diverse narrative, with
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