Relevant news from 2024

#2024withBinance

1. Bitcoin $BTC reaches new all-time highs

Bitcoin (BTC) surpassed 103,000 USD for the first time, driven by the expectation of BTC ETF approvals in January 2025 and the upcoming halving in April. These factors have attracted strong institutional and speculative interest.

2. XRP returns to the top 3

Ripple (XRP) has solidified its position as the third most valuable cryptocurrency, with an 86% surge in the last week and a market capitalization exceeding 156 billion USD. This growth is related to a more favorable regulatory environment following the announced resignation of Gary Gensler, chairman of the SEC.

3. Rise in decentralized finance (DeFi)

The total value locked (TVL) in DeFi has grown by 25% since the beginning of the year, showing renewed interest in decentralized platforms. Ethereum continues to lead this sector, generating more than double the revenue of any other protocol.

4. Evolution of alternative blockchains

Networks like Solana $SOL and Toncoin $TON have gained relevance, standing out for their speed and low transaction costs, while Ethereum progresses with its transition to Ethereum 2.0 to improve its energy efficiency and scalability.

5. Growth in the NFT market

NFTs, which had fallen in popularity, have shown a resurgence in transactions and speculation. Additionally, Ordinals on Bitcoin are gaining traction as an innovative way to use individual satoshis to store content.

6. SocialFi and new tokenized assets

The rise of SocialFi and the tokenization of real-world assets (RWA) are attracting more attention as emerging areas in the crypto economy. This includes protocols like Chainlink that aim to connect traditional assets with blockchain technology.

This landscape reflects a dynamic and growing market, with macroeconomic factors and technological advancements driving interest in cryptocurrencies and their applications.