<ul><li>DeFi is experiencing massive growth, with over 34% of daily active users working in it and DeFi protocols having more than $169B+. The areas of significant growth in DeFi are staking and lending.</li><li>The connection between AI and crypto is becoming stronger, with 34% of crypto projects incorporating AI. Crypto could play a vital role in democratizing AI and tackling its centralization challenge.</li><li>As blockchain networks expand, transaction costs decrease, unlocking new possibilities and use cases. Scalable infrastructure is crucial for the growth of web3 gaming and other crypto projects, such as social networking.</li><li>Prediction markets, although not allowed in the US, are gaining global popularity, particularly during events like elections. Non-crypto-based company Kalshi is involved in a federal lawsuit that will impact how election contracts are handled.</li></ul>

a16zcrypto Report 2024: Insights on States, Stablecoins, and AI – Part 2

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