Binance Academy 2021 Year in Review

2021 has been a real breakthrough year for crypto use cases. Technologies like NFTs and the metaverse have made mainstream news, and blockchain adoption has increased. When it comes to regulation, the year has seen stories of crackdowns and embrace. El Salvador adopted Bitcoin as a legal tender. In the US, the SEC allowed for the first Bitcoin ETFs to be listed on the Chicago Mercantile Exchange. Canada also launched their own Bitcoin ETFs, an essential part of institutional investor adoption. NFTs have seen explosive success this year with record-breaking sales and exposure. What was a small crypto niche in previous years is now a widely-discussed topic. Binance launched its own NFT platform to meet demand, and Fortune 500 companies are increasingly using and investing in NFTs. NFTs also have a role in the metaverse, another of 2021's hottest topics. Tech giants and small developers alike are building a connected, 3D world with crypto powering its economy. The trend also relates to Web3, the concept of decentralization fueling our future interactions on the internet. Large capital investment firms showed their support this year for blockchain implementation in our online interactions, data, privacy, and finances. Binance Fan Tokens have also taken off with sports clubs like FC Porto and S.S. Lazio. Most of the 2021 sales have been oversubscribed, with users enjoying new fan benefits based on the blockchain. Finishing off the year, Bitcoin reached a new ATH (all-time high) of almost $70,000 in November.