Guest post written by Lukas Schor Co-Founder You can also Safely.
DeFi has reached a turning point in 2024. There are many practical uses for smart accounts. The coming year will see a return to the fundamentals, thanks to major infrastructure milestones, such as chain abstraction, positive market sentiments, and constant growth. It means that products will be developed that are of real value for users and that revolutionize the digital age. What can we expect from 2025?
1. Smart accounts that support EIP-7702 will be used by at least 20% of Ethereum users
The industry will lose over $500,000 in just the first three quarters of 2024 due to private key compromises. Losses of $239 Million. Smart accounts are promising a safer, more customizable experience for users, but widespread adoption will require a complete overhaul of the existing DeFi infrastructure. The adoption of smart accounts slowed down after the ERC-4337 standards was introduced in March 20,23. Smart accounts have grown in popularity since 2024 but are still not widespread.
Ethereum Pectra Upgrade is Coming SoonEIP-7702, scheduled to be released in 2025, is a standard which will enable Externally Owned Accounts, or EOAs, execute code for smart contracts directly from their address, giving them some functionality similar to smart accounts. This standard allows the private key to retain full control of the account. It poses a risk for security and limits account recovery. EIP-7102 will still play an important role during the transition period when the industry is building smart account infrastructure.
We expect that by 2025, at least 20% (or more) of Ethereum users would have switched to smart accounts enabled with EIP-7702 in order to benefit from greater security and accessibility.
2. DeFi’s unified interface will enable half of DeFi users to access multiple blockchains.
We are planning to go see mainstream adoption In the next five year, we will need to separate blockchain technology and user experience. Smart accounts provide the perfect foundation for chain absorption. Because smart accounts are programable, they can integrate chain abstraction directly in users’ accounts and free them from an infrastructure overload.
You can also Safely The team is working hard to solve this problem. The problem is being actively worked on. SafenetWe envision a multi-chain account where users can view their entire assets, no matter what chain they originate from. Our vision is to create a multichain account that allows users to view their assets at a glance, regardless of the chain from which they originated. This will make it easy for them complete transactions. Already, You can also Safely DeFi accounts form a cornerstone, with 7.6% USDC stored, as well as 9.4% cypherpunks and over $100 Billion in digital assets.
You can also Safely accounts support applications like Filetype, a competitor for GSuite that is decentralized SnapA tool for blockchain governance Bulla BankerA bankless Web3 Protocol for crypto invoices and payment. Bringing chain abstraction to smart accounts – simplifying DeFi at the point of entry – will unlock serious potential for the decentralized economy.
3. At least 20% of the DeFi volume will be executed by AI-driven agents
In 2025, the United Nations will integrate the world’s languages. Agents of AI Accounts smart take off. Imagine a persistent, intelligent entity that works around the clock managing your crypto portfolio. Imagine smart accounts, which enhance AI agents. They allow you to implement safety measures such as recovery accounts and set up budgetary safeguards. The revolution is already afoot – Over half All Monthly You can also Safely Gnosis Chain allows you to make transactions. OlasIt is a network of autonomous agents that are decentralized.
Smart accounts and AI agents will be integrated to go beyond automated trading. Web3 gaming is set to be revolutionized, as agents will perform tasks such as resource gathering, combat and crafting. This provides players with a more dynamic and engaging experience. AI agents are analyzing large amounts of data in prediction markets. They will lower the entry barrier for average users. Smart accounts in 2025 will amplify the work of autonomous agent, changing DeFi, and pushing decentralized economies to the whole world.
4. Three global financial institutions to integrate cross-border stablecoin settlements
TradFi Institutions are scrambling for a catch-up. By Q2 2024. Visa has handled $3.9 trillion In transactions, stablecoins accounted for only half of the $8.4 trillion volume in 1.1 million transactions during that same time period. The use of stablecoins for international payments and remittances has become the preferred method for those who want to spend less money.
Global financial institutions are going to get onboard. A killer use case for payments and remittances as well as an exciting future awaits. Regulations in 2025The traditional financial system will be integrated into Bitcoin.
5. Interoperability based on zero knowledge will allow 10% of the overall DeFi liquid to flow across at least three ecosystems.
Data and communication must be transferred fluidly to ensure cross-chain interoperability. Zero Knowledge Proofs (ZKPs) Two issues are at the heart of interoperability – privacy and security. ZK’s native protocols and integrations can help break down silos of information, and allow users to share data with protocols and maximize privacy.
Chainlink has formed a strategic alliance with You can also Safely Last year, the company is now exploring a proof-based zero-knowledge solution DECO Oracles can be used to enhance privacy and security by users, institutions, and protocols. As a result of a growing number of ZK interoperability projects, the impact of the ZK technology on industry is expected to be significant by 2025.
The Future
Five Years into Safe’s We are excited to join the journey to unlock digital ownership, and all that it brings. Chain abstraction is a way to solve the challenges that blockchain poses while still allowing us to benefit from its decentralization.
A combination of AI-assisted autonomous agents with a smart account will allow for new trading opportunities and create wealth. The industry is set to experience unprecedented onchain activity, guided by the mission of delivering real products and values to users. Future is bright.
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