𝗖𝗿𝘆𝗽𝘁𝗼 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰: 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗮𝗻𝗱 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀
Year 2024 has been a transformative period for the cryptocurrency ecosystem.
Here's a technical overview of the major trends:
Bitcoin Performance :
1⃣ Approval of spot Bitcoin ETFs by SEC led to BTC crossing $100K in December.
2⃣ ETF market cap exceeded $132B, driven by strong institutional inflows.
Infrastructure Advancements
1⃣ Layer-2 solutions and ZK-proofs saw rapid adoption, with deployments growing 16x since 2020.
2⃣ Wallet activity peaked at 220M interactions, a new record for the industry.
Integration of AI in Blockchain :
1⃣ The Crypto-AI market achieved a valuation of $34B, with 34% of projectsincorporating AI technologies.
⏺️ Memecoins and Retail Participation:
1⃣ Memecoins reached a total market cap of $130B, reflecting their rising influence in retail-driven narratives.
2⃣ 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.