2024 was a landmark yr for the cryptocurrency trade — a yr outlined by resilience, development, and unprecedented milestones. From Bitcoin reaching file highs to stablecoins cementing their function in international finance, the trade witnessed exceptional progress.
On this article, we’ll revisit the important thing moments and milestones of 2024, breaking them down via numbers that inform the story of a transformative yr in crypto.
Bitcoin in 2024: $108,000 ATH, Halving, and 94.8% Mined
Bitcoin remained on the focal point 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 international asset.
94.8%: Bitcoin Provide Nears Full Circulation
By the top 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 three.125 BTC per block, additional tightening provide dynamics.
Stablecoins: Market Cap Surpasses $200 Billion
Stablecoins cemented their function as important pillars of the crypto financial system in 2024, with a complete market capitalization surpassing $200 billion.
$140 Billion: Tether (USDT) Leads the Market
Beginning the yr with a market cap of $91.7 billion, Tether (USDT) steadily grew all through 2024, reaching a powerful $140 billion by December.
DeFi: $206 Million Month-to-month Income and a pair of.5x Progress
Decentralized Finance (DeFi) skilled a revival in 2024, exhibiting spectacular development in each adoption and income.
$206 Million: File Month-to-month Income
In November 2024, DeFi protocols generated $206 million in income, marking a 114% improve 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 stunning pressure in 2024, capturing 31% of investor narratives and demonstrating resilience amid market shifts.
4x Progress in Reputation
In comparison with simply 8.32% in 2023, memecoins surged almost 4x in recognition, changing into a dominant development in investor narratives.
11% of the Whole 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 turned the seventh largest international 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 improve.
30% Possession in Korea: 30% of the Korean inhabitants now owns crypto property, in accordance with a central financial institution survey.
Changelly’s 2024 Milestones: Progress, Customers, and Recognition
Changelly achieved important milestones in 2024, marking one other yr of development and innovation.
700+ Cryptos and 330,000+ Buying and selling Pairs
Changelly prolonged its choices to help 700+ cryptocurrencies and 330,000+ buying and selling pairs, offering unparalleled entry to the crypto market.
7 Million World 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 nearly 150,000 members, making it one in all our most profitable campaigns ever.
2 Prestigious Trade Awards
Changelly obtained two prestigious awards:
Excellent Blockchain Expertise Supplier (FinanceFeeds Awards 2024)
Excellent Crypto Change 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 reveals no indicators of slowing down. Analysts predict that Bitcoin may attain $250,000, with the whole market cap surpassing $3.4 trillion. The yr forward is anticipated to carry important 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 property. Thousands and thousands 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 broaden additional, with elevated adoption amongst institutional traders. This development may drive billions in extra capital into the market, enhancing liquidity and market stability.
Actual-World Asset (RWA) Tokenization
Tokenization of real-world property (RWAs) is forecasted to surpass $2 trillion in worth by the top 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 international 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. Anticipate extra supported cryptocurrencies, enhanced fee choices, and thrilling campaigns within the yr forward.
Thanks for being part of our 2024 journey. Right here’s to a fair brighter 2025!
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Disclaimer: Please notice that the contents of this text are usually not monetary or investing recommendation. The data supplied on this article is the creator’s opinion solely and shouldn’t be thought of as providing buying and selling or investing suggestions. We don’t make any warranties in regards to 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 conversant in all native laws earlier than committing to an funding.
