Majors FTW in the Next NFT Bull Run 🔥
AI summary of the linked articleWilliam M. Peaster argues that Ethereum, Bitcoin and Solana will each see significant NFT activity in 2024, making the next bull run more multipolar than the 2021 cycle, which was dominated by Ethereum. He points to Bitcoin's Ordinals inscriptions, which have boomed since early 2023 and often top CryptoSlam's daily NFT volume charts, with Casey Rodarmor's upcoming Runes protocol as a further catalyst. For Ethereum, he cites its top-tier projects, infrastructure and liquidity, and speculates that OpenSea could launch an L2. He also points to Solana's influx of new users and buy pressure on established collections such as Mad Lads. |
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