PANews reported on December 17 that Matrixport's report today shows that in 2024, Tether's market cap will significantly increase by $50 billion, surpassing $140 billion, solidifying its position as a core trading tool in the crypto market. At the same time, daily trading volume has significantly risen, stabilizing in the range of $200 billion to $300 billion, reflecting the rapid expansion of the crypto ecosystem.
It is noteworthy that market activity surged from $50 billion at the end of January to a peak of $300 billion in November, achieving a tenfold increase. This indicates the astonishing potential of the crypto market to go from sluggishness to full explosion, and the massive influx of fiat liquidity also suggests that new highs may be reached in 2025.
