The prospects for cryptocurrencies look promising, but they are fraught with certain challenges.
On the one hand, the decentralization and transparency of the blockchain attract investors and users seeking greater independence from traditional financial institutions. The expansion of DeFi (decentralized finance) and NFT (non-fungible tokens) opens up new opportunities for investment and creativity
On the other hand, exchange rate volatility, regulatory uncertainty, and concerns about transaction security are holding back the mass adoption of cryptocurrencies. The need for more efficient and environmentally friendly mining technologies is also an important factor.