John Wu, the president of Ava Labs, has made some predictions for the crypto industry in 2024. He believes that a SocialFi DApp called Stars Arena, which launched on the AVAX blockchain in September, will figure out the business model and become successful. Wu also predicts that the SEC will approve a spot Bitcoin ETF, which could lead to a lot of inflow. Ava Labs plans to roll out real-world assets, some of which will be announced in November, and Wu believes these developments will be game-changing for the Avalanche ecosystem.
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Ava Labs President John Wu Predicts Big Developments for Avalanche Ecosystem in 2024
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