2024 was a landmark 12 months for the cryptocurrency trade — a 12 months outlined by resilience, progress, and unprecedented milestones. From Bitcoin reaching document highs to stablecoins cementing their function in world finance, the trade witnessed outstanding progress.
On this article, we’ll revisit the important thing moments and milestones of 2024, breaking them down by means of numbers that inform the story of a transformative 12 months in crypto.
Bitcoin in 2024: $108,000 ATH, Halving, and 94.8% Mined
Bitcoin remained on the focus all through 2024, driving market pleasure and institutional adoption. With two main rallies, rising reserves in nationwide treasuries, and groundbreaking ETF approvals, Bitcoin set new benchmarks.
$108,000: Bitcoin’s New All-Time Excessive
In December 2024, Bitcoin surged previous the symbolic $100,000 milestone, reaching an all-time excessive of $108,000, solidifying its place as a number one world asset.
94.8%: Bitcoin Provide Nears Full Circulation
By the tip of 2024, 9,914,662.5 BTC had been mined, accounting for 94.8% of Bitcoin’s whole provide, highlighting its rising shortage.
3.125 BTC: The Fourth Bitcoin Halving
In 2024, Bitcoin underwent its fourth halving occasion at block 740,000, decreasing mining rewards to 3.125 BTC per block, additional tightening provide dynamics.
Stablecoins: Market Cap Surpasses $200 Billion
Stablecoins cemented their function as vital pillars of the crypto economic system in 2024, with a complete market capitalization surpassing $200 billion.
$140 Billion: Tether (USDT) Leads the Market
Beginning the 12 months with a market cap of $91.7 billion, Tether (USDT) steadily grew all through 2024, reaching a formidable $140 billion by December.
DeFi: $206 Million Month-to-month Income and a couple of.5x Progress
Decentralized Finance (DeFi) skilled a revival in 2024, displaying spectacular progress in each adoption and income.
$206 Million: Report Month-to-month Income
In November 2024, DeFi protocols generated $206 million in income, marking a 114% enhance from October’s $96 million.
2.5x Progress in Market Presence
The DeFi ecosystem grew 2.5x in measurement all through 2024, with new protocols and cross-chain integrations reshaping the monetary panorama.
Memecoins: 31% Investor Mindshare and 11% Market Cap
Memecoins emerged as a shocking pressure in 2024, capturing 31% of investor narratives and demonstrating resilience amid market shifts.
4x Progress in Recognition
In comparison with simply 8.32% in 2023, memecoins surged almost 4x in recognition, turning into a dominant pattern in investor narratives.
11% of the Complete Market Cap
Memecoins secured an 11% share of the crypto market cap (excluding BTC, ETH, and stablecoins), pushed by group engagement and speculative enthusiasm.
Different Key Numbers That Formed 2024
- seventh Largest Asset: Bitcoin grew to become the seventh largest world asset by market cap, surpassing Meta Platforms, silver, and Saudi Aramco.
- 1,530 VC Rounds: There have been 1,530 publicly disclosed crypto VC funding rounds, a 25.1% year-over-year enhance.
- 30% Possession in Korea: 30% of the Korean inhabitants now owns crypto belongings, based on a central financial institution survey.
Changelly’s 2024 Milestones: Progress, Customers, and Recognition
Changelly achieved vital milestones in 2024, marking one other 12 months of progress and innovation.
700+ Cryptos and 330,000+ Buying and selling Pairs
Changelly prolonged its choices to assist 700+ cryptocurrencies and 330,000+ buying and selling pairs, offering unparalleled entry to the crypto market.
7 Million International Customers
Our platform grew to serve 7 million customers worldwide, reflecting robust belief and engagement.
150,000 Contributors within the Black Friday Marketing campaign
Changelly’s Black Friday marketing campaign drew virtually 150,000 contributors, making it one in all our most profitable campaigns ever.
2 Prestigious Trade Awards
Changelly acquired two prestigious awards:
- Excellent Blockchain Expertise Supplier (FinanceFeeds Awards 2024)
- Excellent Crypto Alternate API Supplier (World Enterprise Outlook Awards 2024)
These recognitions spotlight our dedication to delivering cutting-edge crypto options.
Wanting Forward to 2025: A Daring Imaginative and prescient for Crypto
As we step into 2025, the crypto trade exhibits no indicators of slowing down. Analysts predict that Bitcoin might attain $250,000, with the whole market cap surpassing $3.4 trillion. The 12 months forward is predicted to deliver vital momentum throughout key sectors:
$400 Billion Stablecoin Market
Stablecoins are projected to double their market cap to $400 billion, solidifying their function because the bridge between conventional finance and digital belongings. Tens of millions worldwide will proceed utilizing stablecoins for remittances and funds and as a hedge in opposition to risky native currencies.
ETFs and Institutional Progress
Crypto-focused ETFs are anticipated to increase additional, with elevated adoption amongst institutional buyers. This pattern might drive billions in extra capital into the market, enhancing liquidity and market stability.
Actual-World Asset (RWA) Tokenization
Tokenization of real-world belongings (RWAs) is forecasted to surpass $2 trillion in worth by the tip of 2025, providing new avenues for funding and asset administration.
Geopolitical and Nationwide Adoption
Extra nations are anticipated to undertake Bitcoin as a reserve asset, with world governments exploring the strategic potential of digital currencies. Regulatory readability, particularly in main economies just like the U.S., will additional enhance market confidence.
Changelly’s Imaginative and prescient for 2025
At Changelly, we stay dedicated to being your go-to platform for all crypto operations. Count on extra supported cryptocurrencies, enhanced cost choices, and thrilling campaigns within the 12 months forward.
Thanks for being part of our 2024 journey. Right here’s to an excellent brighter 2025!
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Disclaimer: Please be aware that the contents of this text usually are not monetary or investing recommendation. The data supplied on this article is the writer’s opinion solely and shouldn’t be thought of as providing buying and selling or investing suggestions. We don’t make any warranties concerning the completeness, reliability and accuracy of this info. The cryptocurrency market suffers from excessive volatility and occasional arbitrary actions. Any investor, dealer, or common crypto customers ought to analysis a number of viewpoints and be acquainted with all native rules earlier than committing to an funding.
