In the history of the development of the crypto industry, 2024 is an important year. Huobi HTX released the report (2024 Global Web3 Blockchain Ecosystem Review and 2025 Outlook), summarizing events that have had a significant impact on the crypto industry and analyzing the development prospects for 2025.
2024 witnessed breakthroughs in blockchain technology, with Bitcoin prices soaring and a more open regulatory environment. In January, the US SEC approved the first Bitcoin spot ETFs, in June Ethereum spot ETFs were approved, and in April Hong Kong approved Asia's first spot Bitcoin and Ethereum ETFs. After the Bitcoin halving in April, prices rebounded, in July the German government sold Bitcoin, in August changes in the Bank of Japan's policy triggered market fluctuations, and in September the Federal Reserve cut interest rates.
At the Bitcoin conference in July, Trump promised to designate Bitcoin as a strategic reserve asset for the United States, and after winning the November election, he pushed Bitcoin prices to break $100,000. Huobi HTX pointed out that 2024 is a key year for crypto assets to move towards the mainstream, and more development opportunities are expected in 2025.
Huobi HTX experienced strong user growth in 2024, with total trading volume nearing $2.4 trillion, actively promoting global compliance strategies and blockchain ecosystem layout. Looking ahead to 2025, Huobi HTX will continue to deepen its efforts in the global market, promoting the widespread application of crypto assets.

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