Cryptocurrency Trends Primed for Continued Growth in 2020

The cryptocurrency industry has experienced no shortage of big ups and and big downs in recent years. With the next one now just around the corner, it’s a sure bet 2020 will bring its fair share of intrigue to the space, too.

And while the future is ever inscrutable, one can already make some educated guesses about trends in the ecosystem that only seem set to continue blossoming over the next 12 months and beyond. Namely, these trends are 1) growing use of decentralized exchanges, 2) increased proliferation of DAOs, and 3) more adoption of DeFi solutions.

Projects that facilitate one or more of these trends, particularly Ethereum as the arena’s reigning smart contract platform, stand poised to gain from ensuing network effects in kind.

DEX Volumes Spike, More Traders May Transition

Decentralized exchanges may be a fledgling innovation, but some of the space’s most prominent ones have started coming into their own over the last year — especially where user experience (UX)…