ProBit Bits Trend Watch: 5 Predictions To Watch Out For in 2024

ProBit has released its trend watch for 2024, highlighting five key predictions that could shape the blockchain landscape. The first prediction is the potential for Bitcoin to reach new highs, with some analysts predicting a price of $100,000. The upcoming Bitcoin halving in April is expected to drive this surge, as it historically leads to price increases. The second prediction focuses on the adoption of Central Bank Digital Currencies (CBDCs), with several countries planning pilot projects to assess their feasibility. This could lead to increased digital payment solutions and regulatory frameworks. The third prediction is the resurgence of Non-Fungible Tokens (NFTs), with transaction volumes showing a significant increase in late 2023. The fourth prediction is the integration of Artificial Intelligence (AI) into blockchain, with AI-related projects receiving substantial funding and showing promising use cases. The fifth prediction is the growth of Real-World Assets (RWA) tokenization, which is expected to enhance the utility and accessibility of blockchain technology.