Messari’s 2024 trend report reveals a bullish stance on Bitcoin, Solana, and several AI tokens, while maintaining a bearish outlook on Shiba Inu.
Analysts express intense focus on Solana, considering it alongside Bitcoin as the biggest winners. Solana’s recovery from the FTX collapse and a strong reversal in the SOL/ETH price ratio contribute to its positive sentiment.
Render Token (RNDR), powering a distributed GPU rendering network, stands out as a significant winner in analysts’ eyes, positioned at the forefront of blockchain and AI integration.
Decentralized AI is deemed crypto’s next killer app, with analysts optimistic about tokens like OLAS, AKT, TAO, and . The potential of zk-coprocessors and on-chain cognitive frameworks is seen as revolutionary.
Despite selected bullish tokens, analysts remain conscious of risks, noting the challenges in the meme coin industry. Shiba Inu’s poor recent performance raises questions about the future of meme coins and theme-specific tokens.
The convergence of AI and blockchain, coupled with strong fundamentals in projects like Solana and Bitcoin, drives analysts’ optimism.
