Data: In December 2024, the transaction volume of stablecoins on the chain increased by 20.3%, reaching a new high, and BTC miners' income increased by 18.9%.

According to a post by The Block research director @lars0x on January 3, multiple crypto market indicators hit record highs in December 2024, with adjusted total on-chain transaction volume falling 5.9% to $670 billion (BTC: -5.4%, ETH: -6.9%). Adjusted stablecoin on-chain transaction volume increased 20.3% to a new high of $1.41 trillion, and the issued supply increased 1.7% to a new high of $170 billion, of which USDT accounted for 79.2% and USDC accounted for 18.3%. In December, BTC miners' income increased by 18.9% to $1.44 billion, while ETH stakers' income increased by 30.2% to $342 million. A total of 47,064 ETH were destroyed in December, equivalent to $174.4 million. Since the implementation of EIP-1559 in early August 2021, a total of 4.53 million ETH has been destroyed, equivalent to $12.8 billion. Monthly NFT market volume on Ethereum grew 350.7% to $884.8 million, mainly due to the launch of Pudgy Penguins tokens and OpenSea's token preview. Legal CEX spot volume grew 6.8% to $2.01 trillion in December, with monthly net flows of +$4.6 billion for all BTC spot ETFs. Bitcoin futures open interest fell 9.4%, and Ethereum futures open interest increased 0.5% to a new high. BTC monthly futures volume fell 7.4% to $1.96 trillion. CME Bitcoin futures open interest fell 12.4% to a new high of $17.6 billion (ADV up 3.1% to $10.14 billion, a new high). ETH futures monthly volume increased 9.6% to $1.03 trillion. Bitcoin options open interest fell 36%; Ethereum options open interest fell 30.2%. BTC monthly options volume fell 28.4% to $79.5 billion, ETH monthly options volume increased 5.6% to $23.1 billion.