๐๐ฟ๐๐ฝ๐๐ผ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฎ๐ฌ๐ฎ๐ฐ: ๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐ ๐ฎ๐ป๐ฑ ๐๐ป๐๐ถ๐ด๐ต๐๐
Year 2024 has been a transformative period for the cryptocurrency ecosystem.
Here's a technical overview of the major trends:
Bitcoin Performance :
1โฃ Approval of spot Bitcoin ETFs by SEC led to BTC crossing $100K in December.
2โฃ ETF market cap exceeded $132B, driven by strong institutional inflows.
Infrastructure Advancements
1โฃ Layer-2 solutions and ZK-proofs saw rapid adoption, with deployments growing 16x since 2020.
2โฃ Wallet activity peaked at 220M interactions, a new record for the industry.
Integration of AI in Blockchain :
1โฃ The Crypto-AI market achieved a valuation of $34B, with 34% of projectsincorporating AI technologies.
โบ๏ธ Memecoins and Retail Participation:
1โฃ Memecoins reached a total market cap of $130B, reflecting their rising influence in retail-driven narratives.
2โฃ With robust infrastructure and increasing adoption, 2025 is set to build on the solid foundation laid this year.
Stay tuned for more updates and analysis.