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HodlX Guest Post Submit Your Post In 2024, DEXs (decentralized exchanges) snagged a greater portion of the crypto trading pie, demonstrating the future of finance is firmly headed toward decentralization. And Trump’s recent victory has only reinforced this trend, with Bitcoin’s price surging to nearly $91,000 . As monthly DEX trading volume soared above $250 billion in March and June 2024 for the first time since 2021, it’s clear that traders are increasingly opting for the benefits of autonomy and transparency these platforms offer. Over the past 12 months, several DEX platforms have refined their offerings to enhance the trading experience while prioritizing financial inclusivity and trust. This evolution indicates that the market is not just progressing – it has reached a level of maturity that some skeptics never anticipated. But these successes did not come without some hurdles. As 2025 approaches, 2024’s achievements and setbacks serve as a roadmap for where the market is heading. While no crystal ball can predict the future, one can assume that the steady shift from CEXs (centralized exchanges) to DEXs is just the beginning. DEX developments and challenges in 2024 This year, the DeFi (decentralized finance) landscape continued to grow significantly, particularly with the advancements in concentrated liquidity models. While these advancements enhance DeFi by providing greater capital efficiency and enabling users to concentrate liquidity in specific ranges, it’s no secret that this advancement was achieved at the expense of liquidity providers. On the governance front, 2024 saw the emergence of ‘DAO wars,’ where various DAOs (decentralized autonomous organizations) engaged in strategic maneuvers to assert dominance. These organizational rivalries add another layer of complexity to the DeFi ecosystem with DAOs fighting for control, leading to opportunities and risks for participants. As DAOs compete for influence, they have experimented with novel voting mechanisms, management strategies and community incentives to help attract and retain participants. This competitive environment has led to both innovation and volatility, with some DAOs forming alliances to strengthen their position, while others engage in aggressive tactics to undermine their rivals. In January 2024, a blockchain interoperability project launched a crypto bridge to allow a staked ETH token to move across multiple blockchains but did so without waiting for approval from the token’s governing body. This move sparked controversy, with critics accusing the project of overstepping its bounds and trying to lock in users ahead of its competitors. These challenges are especially significant because they expose the limitations and vulnerabilities of decentralized governance, specifically in areas like accountability and decision-making speed, further exposing cracks in the community. The rise of intent-based trading has also transformed the DeFi experience. These tools have invited users to implement sophisticated cross-chain strategies and facilitate wallet seeding, enhancing the overall multi-chain experience. This has streamlined functionality, allowing users to navigate DEX intricacies more efficiently without managing multiple networks. While we can’t know for sure what next year will bring, the past year can help guide DEX developers and users to anticipate what lies ahead. What to look out for in 2025 The rise of AI in trading strategies will likely enhance market dynamics, helping traders optimize their DEX performance. This integration has already taken off in the TradFi landscape, and as DeFi continues to see sustained growth, the technology’s inevitable integration will address challenges like limited liquidity, slippage and price manipulation. AI’s capabilities are certainly compelling. Its ability to predict price swings, identify arbitrage opportunities and mitigate risks will only improve with more data, making it a critical resource for DeFi and its participants. As DeFi protocols continue to evolve, its focus has shifted towards creating and utilizing aggregated assets to address long-standing liquidity and user experience issues. Aggregating liquidity from various sources similar to CEXs that accept deposits from different channels allows DEXs to offer more efficient trading experiences. For instance, protocols might allow users to deposit different stablecoins such as USDC into a unified liquidity pool, simplifying the user interface and expanding the trading pairs. This aggregation also improves the execution of the trades, reducing slippage and enhancing price discovery. However, as managing these complex assets becomes more difficult, so does the potential risk exposure across different types of assets. When multiple deposit types are integrated into a protocol, a single exploit in one of the bridges or smart contracts can ripple across the entire ecosystem. Ultimately, the vulnerabilities threaten a platform’s financial stability but also expose the ecosystem to larger systemic risks. Securing these aggregated assets will be one of the defining factors of growth and sustainability in 2025 and beyond. In regulation, up until now, the tax structuring for digital assets has been a poorly conceived policy, often resembling the taxation of unrealized gains in traditional markets. Under the Trump administration, the expectation is that taxes will be lowered and more nuanced in the US, leading to better relations between government agencies and decentralized organizations, and creating an environment that breeds opportunity and innovation rather than FUD (fear, uncertainty and doubt). While many crypto builders and activists believe Trump will ‘make crypto great again,’ only time can tell if that will actually happen. While the future remains uncertain, the challenges of 2024 can serve as a roadmap for the advancement of DEXs as we enter the new year. While DEXs have their imperfections, their advantages far outweigh the drawbacks, positioning DeFi for a promising surge in the market . In the coming year, expect DEX developers to deepen their commitment to crafting a better user experience, focusing on building long-term solutions that support the ongoing goals of DeFi. Eric Waisanen is the CEO and founder of Astrovault . A graduate of University of California, Riverside, he is a seasoned expert in economic design and monetization strategies for emerging technologies, specializing in tokenomics and business development for Web 3.0 projects. Check Latest Headlines on HodlX Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post No Middleman, No Problem? What 2025 Holds for Decentralized Exchanges appeared first on The Daily Hodl .
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GALA PRICE ANALYSIS & PREDICTION (December 21) – Gala Posts 35% Loss Weekly Amid Market Crackdown, Yet To Locate Support
Facing a rejection this month, Gala initiated a drop and rolled back to a month low following the latest meltdown. It currently appeared bearish on the day with no sign of halting correction at the time of writing. In the first week, Gala advanced bullish rally but later faced rejection after registering over 100% gain in November. This rejection led to a halt in the rally and the price traded calmly for the rest of that week. Earlier last week, it lost grip above the $0.06 level and nosedived into $0.04. The price recovered briefly from there and later stopped buying at $0.055 due to a rejection. It remains indecisive for three days and broke down steadily until it tested $0.032 today for the first time in a month. The price is approaching the $0.03 level that flipped during last month’s rally. Locating support above this key level could fuel a new buy order capable of bringing the bulls back on track. As of now, the bears are still in charge of the market on the daily scale. While the latest price correction is healthy for the market, we can expect a bounce back anytime soon. A deeper correction from the current price level could reset the market back to the $0.02 level before rising back. It is currently down 36% in the past week of trading. Gala’s Key Level To Watch Source: Tradingview As today turns out more volatile, the bears are now approaching $0.031. If they reclaim it, the $0.0263 support would be their next target. Lower supports considered for drops are $0.0216 and $0.017. Pushing back above the $0.0405 level, there’s a minor resistance at the $0.048 level. Reclaiming the $0.055 level could trigger a full recovery to the monthly $0.065 high before exploding to a new high. Key Resistance Levels: $0.0405, $0.055, $0.0666 Key Support Levels: $0.031, $0.0263, $0.0216 Spot Price: $0.0326 Trend: Bearish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! The Daily Hodl
CURVE DAO PRICE ANALYSIS & PREDICTION (December 21) – CRV Drops To Three-Week Low Following A 40% Correction In A 7 Days
As altcoins continued to suffer losses amid the ongoing correction, CRV saw another 15% drop overnight to reach its lowest level in three weeks. It may appear weak, but its short-term bullish trajectory is still intact. The first and second weeks of December saw CRV’s price through a consolidation phase after failing to push above $1.34 earlier this month. Breaking down from that phase, it lost the key $1 level on Wednesday and closed with an engulfing bar. This triggered more sell-offs yesterday and the price further fell off the $0.8 level to a low of $0.735 today. There are no signs of recovery yet as supply becomes heavy in intraday trading. The bears are now targeting the $0.7 level. If this price level holds, we can expect a small relief in the selling pressure. If not, it may enter the $0.5 range before bouncing back stronger. Looking at the last three days of trading, which marked CRV’s biggest drops since the crypto started to correct lower, it seemed to have reached an oversold condition in the hourly timeframe, though there’s still room for selling in the daily timeframe. So far, the overall market condition has been horrible following a 40% loss in the past week. Nonetheless, there’s still hope for the long-term bulls. A drop below $0.2 could trigger a serious bearish sentiment. CRV’s Key Levels To Watch Source: Tradingview The next target support for the bears right now is $0.577. If it breaks, the key support level to watch next would be $0.47. A broader correction could bring us back to $0.367 before initiating a fresh increase. A recovery from the current daily low could bring a retest at the flipped $0.88 and $105 levels. The higher resistance level for a break-up is $1.34. Key Resistance Levels: $0.88, $1.05, $1.34 Key Support Levels: $0.577, $0.47, $0.367 Spot Price: $0.736 Trend: Bearish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: karnoff/ 123RF // Image Effects by Colorcinch The Daily Hodl
