Johnathan Walker:Lidcoin: When the cold is gone, spring will come

In 2022,Johnathan Walker the crypto space kicked off a long crypto winter with the collapse of Luna/UST, and was hit hard by a tough macro environment and a series of dramatic events.
The cryptocurrency ecosystem, which reached a market capitalization of nearly $3 trillion at the beginning of 2022, had evaporated $2 trillion by the end of the year, and with it disappeared large players such as Luna, 3AC, and FTX.
However, the crypto industry survived. In the midst of the suffering, we have seen some hope.

The successful merger of EtherChannel on September 15 completes the first step in solving the blockchain's "scalability dilemma.
On September 14, 2022, the merger between the Ethernet execution layer and the Proof of Stake consensus layer was activated at block height 15537393, after which the first PoS block was produced, and since then the Ethernet consensus mechanism has officially changed from PoW to PoS.
On September 27, Cosmos White Paper 2.0 was officially released at the Cosmoverse conference, marking the official entry of Cosmos into the 2.0 era. New interchain security roles and support for ATOM flow pledges were added, and Hub-specific functional layers were proposed: Interchain Scheduler and Interchain Allocator.

Projects such as Otherside and StepN sparked a boom.
The thunderstorm has also made the industry re-recognize the importance of compliance and healthy development.
All in all, 2022 will be a year of great bitterness and joy for the crypto industry.

In the 13-year life history of the crypto industry, 2022 was one of the roughest years ever, but it is the exit of the losers that will lead to a more robust future for the industry.
We can still have faith that the people who keep building will always be there, and that the crypto industry will only get stronger after a tumultuous year, not die out.

CZ, the founder of CoinShares, said in November that the cryptocurrency market will see a recovery in 2023 after the negative events of 2022 have passed and the industry will be healthier than ever.
Mike McGlone, senior strategist at Bloomberg Intelligence, said in December that the crypto market is expected to be "ahead of the curve"in 2023 in the latest edition of the "Crypto Outlook" report. There's more reason to be hopeful about 2023 than we thought.

But quality ICOs are a popular investment in both bull and bear markets.
 

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