๐—–๐—ฟ๐˜†๐—ฝ๐˜๐—ผ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ: ๐—ž๐—ฒ๐˜† ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€

Year 2024 has been a transformative period for the cryptocurrency ecosystem.

Here's a technical overview of the major trends:

Bitcoin Performance :

1โƒฃ Approval of spot Bitcoin ETFs by SEC led to BTC crossing $100K in December.

2โƒฃ ETF market cap exceeded $132B, driven by strong institutional inflows.

Infrastructure Advancements

1โƒฃ Layer-2 solutions and ZK-proofs saw rapid adoption, with deployments growing 16x since 2020.

2โƒฃ Wallet activity peaked at 220M interactions, a new record for the industry.

Integration of AI in Blockchain :

1โƒฃ The Crypto-AI market achieved a valuation of $34B, with 34% of projectsincorporating AI technologies.

โบ๏ธ Memecoins and Retail Participation:

1โƒฃ Memecoins reached a total market cap of $130B, reflecting their rising influence in retail-driven narratives.

2โƒฃ 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.