This year has been a pivotal milestone for the blockchain industry in every applicable aspect, whether we talk about digital assets or the web3 applications as a whole. More than that, one can say, with confidence, that 2021 is as important as 2009.

The Evercode Lab team succeeded in capitalizing on the newly revealed opportunities. That is why we would like to share what new horizons we believe to be the most promising ones.

Milestone No 1. Record-breaking investment

Crypto coins and tokens have become a magnet for investment! As Bloomberg says, “venture capital funds” have, so far, invested approximately $30 billion in the crypto domain. It is impressive indeed, as this volume is more than all the investments made “in all previous years combined!”

Milestone No 2. Record-high Capitalization Cap 

Two months ago, In November 2021, the total market cap of the crypto market did hit the record high. Due to the popularity of decentralized applications, decentralized finance, non-fungible tokens, altcoins, etc., the market was valued at almost $3 trillion.

Milestone No 3. Solana’s Breakthrough 

Blockchain scalability issues have been one of the main impediments in the way of wider crypto adoption. Be it 7 TSP, 15 TSP, or even 100 TSP, it is still not enough to make crypto assets a full-fledged legal tender.

This is exactly the problem Solana intends to address! We have already published a post about this blockchain. Below, we just want to cite a couple of figures. 

According to Investopedia, Solana can 

  • Handle as many as 50K transactions every second
  • Keep its average cost per transaction low, at the level of $0.00025
  • Offer a breathtaking horizon with its architecture promising “a theoretical upper limit of 710,000 transactions per second (TPS) on a standard Gigabit network”
  • Be proud of its skyrocketing growth in 2021! As of now, it is ranked fifth, after only BTC, ETH, BNB, and Tether. 
  • SOL cost $1.5 a year ago. It rose to $260 in November 2021. As of now, even after a recent drop, it still costs over $180! 

It is our pleasure to remind you that this asset is totally compatible with the Evercode White Label Wallet!

Milestone No 4. Expansion of dApps, DeFi, and NFTs 

2021 Dapp Industry Report prepared and published by DappRadar is straightforward: 2021 has been a year of unprecedented progress and outstanding results for the sector.  Among other achievements, it mentions the following facts: 

  • First, there are much more “daily unique active wallets connected to dapps” now than a year ago. As of now, we have 2.7 million unique users, which is 7 times more  
  • Second, DeFi has also experienced a similar growth trend. Right now, TVL aka “TOTAL VALUE LOCKED” is over $200 billion, which is, again, 7 times more than a year ago 
  • Third, NFTs can be viewed as the phenomenon of the year! According to DappRada, this emerging market generated more than $23 billion in terms of the trading volume.

Once again, we are more than happy to know that our Evercode White Label Crypto Wallet can help you effectively navigate in this lucrative market, as you can benefit from dApps, decentralized finance and staking, as well as store and manage your NFTs. 

Milestone No 5. Wider acceptance and adoption of crypto 

Last year, beyond any doubt, the blockchain industry had to go through several setbacks. The most painful one was the new tougher policy initiated by the PRC. However, the ultimate balance sheet still ends in credit.

After all, 2021 will be remembered as a year when BTC was acknowledged as a legal tender in the first sovereign state ever. We believe that the entire industry, including us, appreciates the decision made by El Salvador.

Many other economic agents followed suit. As Crunchbase reminds us, banking entities, insurance players, payment services, endowment funds, retailers, etc. are gradually revising their skeptical attitudes to crypto and start using it!


All the problems and issues notwithstanding, 2021 was a productive year for blockchain in general and crypto in particular!

Evercode Lab is determined to capitalize on all these positive trends to the fullest extent possible. Next year, we will deliver new custom-built solutions, continue to develop our products, start new partnerships, and enter new markets. Yes, 2021 has been an amazing year, yet there are still a lot of much greater achievements ahead!