BlockBeats reported on December 17 that Matrixport forecasted that Tether’s market value will increase by $50 billion in 2024, surpassing $140 billion and solidifying its role as the core trading tool in the cryptocurrency market. Additionally, daily trading volume is expected to rise significantly, remaining between $200 to $300 billion, reflecting the rapid expansion of the cryptocurrency ecosystem.
Notably, market activity grew tenfold from $30 billion in January to a peak of $300 billion in November, showcasing the potential for rapid growth in the cryptocurrency market. This influx of legal currency liquidity suggests that 2025 could reach new heights.
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