Ava Labs President John Wu Predicts Big Developments for Avalanche Ecosystem in 2024
John Wu, the president of Ava Labs, has made some predictions for the crypto industry in 2024. He believes that a SocialFi DApp called Stars Arena, which launched on the AVAX blockchain in September, will figure out the business model and become successful. Wu also predicts that the SEC will approve a spot Bitcoin ETF, which could lead to a lot of inflow. Ava Labs plans to roll out real-world assets, some of which will be announced in November, and Wu believes these developments will be game-changing for the Avalanche ecosystem.
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