5 Crypto Predictions For The Summer Of 2018

1. Steady increase

We are expecting plenty of new players on the market. Also, many institutions are really getting interested in buying cryptocurrencies. This means that the market will again be very volatile but new and improved technology are here to deliver what they promised. Based on these predictions the prices of the currencies are expected to rise but not as drastically as last year in December.

2. The rise of new platforms

Thanks to the many problems Bitcoin faced last year ( we can also mention Ethereum as well), users are now more than ever, aware what they want in the world of cryptocurrency investing and they seek for alternatives. Of course, it is expected that these alternatives will lead to creating new platforms and maybe even new currencies.

3. Embracing more business models

Many industries such as retail, energy, media, and education are well aware of the advantages of the blockchain technology. This is why many new startups are evolving, each one more attractive than the other just so the different sectors of the industry can have an easier way of getting the job done. Hyperproduction is possible, but it is an inevitable part of the evolution process.

4. Stronger protection

Never expect that the hack attacks and cyber-crimes will simply cease to exist. Things like this happened and possibly will happen again. The thing is, with the fast developing technology, cryptocurrencies should be able to come back even stronger after possible attacks and thus lead to creating and building even stronger defense mechanisms. This is one of the most likely to happen predictions.

5. Scalability

With the rise of new currencies, and platforms the key issue will be taking care of the scalability issue. This is possible in 2 ways: Blockchain-less technologies and new blockchain- based features.