{"id":2192,"date":"2021-09-22T19:21:09","date_gmt":"2021-09-22T16:21:09","guid":{"rendered":"https:\/\/evercodelab.com\/blog\/?p=2192"},"modified":"2025-09-11T12:58:25","modified_gmt":"2025-09-11T09:58:25","slug":"everchain-sdk-for-cryptocurrency-projects-the-tool-you-need-to-succeed-in-this-market","status":"publish","type":"post","link":"https:\/\/evercodelab.com\/blog\/everchain-sdk-for-cryptocurrency-projects-the-tool-you-need-to-succeed-in-this-market\/","title":{"rendered":"Everchain SDK for Cryptocurrency Projects: The Tool You Need to Succeed in This Market"},"content":{"rendered":"

The blockchain market size growth is not going to stop anytime soon. Back in 2020, its cap, valued without BTC and crypto assets, was as high as <\/span><\/i>3 billion US<\/span><\/i><\/a> dollars. Around 2025, as some estimates indicate, it may reach almost 40 billions. When it comes to crypto currencies, the figures are even more impressive! In the spring of 2021, market capitalization of the Bitcoin segment alone exceeded <\/span><\/i>1100<\/span><\/i><\/a> billion USD. Right now, it is below that. However, no one can guess how high the next surge may be. As for the crypto currencies in their entirety, the market is $2.16 trillion in <\/span><\/i>September 2021<\/span><\/i><\/a>. <\/span><\/i>
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\n<\/span>These figures and dynamics may seem too big to handle. Correspondingly, you might think that it is too late to enter this market. Such an impression would be deceptive. The chances are that we are still observing the early days of the crypto-economy, which is here to stay. That is why entering it is still a timely step. In this piece, we are going to tell you how the Everchain Software Development Kit can help you with that.\u00a0<\/span><\/p>\n

Crypto Is Easier Than You Might Assume<\/h2>\n

To begin with, if you want your business to undergo a blockchain metamorphosys and crypto-transformation \u2014 or just to strengthen its position \u2014 you can still do this in a cost-effective fashion, within a limited amount of time. Here are the arguments to support this stance:\u00a0<\/span><\/p>\n

– The most obvious step to master the blockchain wave is to integrate some cryptocurrency solutions. After all, when we say \u2018blockchain\u2019 we mean, first and foremost, next-gen fintech and payments. The TOP-10 directions in use cases encompass such fields as digital currencies, digital payments, and <\/span>asset protection and transfer<\/span><\/a>.\u00a0<\/span><\/p>\n

– The flow of value delivered via crypto transactions expanded significantly. So you can easily take part in it! First of all, the <\/span>sheer size<\/span><\/a> of the world\u2019s BTC market associated with payments exceeded 120 million transactions.\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n

–\u00a0 This is a tricky aspect. On the one hand, there are way too many digital assets to properly \u201cabsorb\u201d all of them. Investopedia cites an interesting figure in this respect. Now, in September of 2021, there are roughly<\/span> 6 500<\/span><\/a> assets of this sort. At the same time, if you want to send and receive crypto payments, as well as to store, exchange, and invest them, their circle is much more limited. 88% are covered by only <\/span>TOP-10 coins<\/span><\/a>, including \u201cBitcoin, Ethereum, Ripple, Tether, Bitcoin Cash, Bitcoin SV, Litecoin, Binance Coin, EOS, and Tezos\u201d. <\/span>
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\n<\/span>– Finally, there are more and more blockchain wallet users. As of the early months of 2021, there were <\/span>approximately 70 million<\/span><\/a> of them. <\/span>
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\n<\/span>With these figures in mind, building or ordering a crypto solution for your business is a tinelt measure. Many companies already do so. The worldwide spending on blockchain solutions is expected to rise from 2.7 billion dollars in 2019 to 4.5 billion dollars in 2020. The year 2021 is not over yet, so it may be too early to see the following estimate as an ultimate one: however, spending on blockchain solutions is projected to reach the threshold of 6.5 billion. As for 2024, this is going to be an enormous sum of 19 billion!
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It is reasonable, since business owners do admit all the benefits this new tech sector generates. For example, according to a recent survey by <\/span>Deloitte<\/span><\/a>, companies expect to see the following positive outcomes generated by the blockchain technology:\u00a0<\/span><\/p>\n