Title: Coingecko Q1 Crypto Report: Key Takeaways Post by: Bournesparks on April 19, 2024, 02:02:45 PM - Total crypto market cap reached $2.463T, up 64.5% from Q4 2023 - Bitcoin grew 68.8% to a new all-time high of $73,098 - US Spot Bitcoin ETFs held $55.1B in assets under management - Ethereum restaking on EigenLayer saw 36% growth, with 4.3M ETH restaked - Solana memecoins surged, with top 10 growing by $8.32B in market cap - Spot trading volume on centralized exchanges hit $4.29T, highest since 2021 Q4 - Futures trading volume: - Binance: 43% (no growth) - OKX: 16% (no change) - Bybit: 13% (no change) - Bitget: 9% to 12% (3% increase) - NFT trading volume across top 10 marketplaces stood at $4.7B, with Magic Eden gaining market share Will Bitcoin's growth and Solana's surge signal a new wave of innovation, will Ethereum's declining market share mark a shift in focus towards other chains and are we seeing a change of cex dominance? https://i.ibb.co/CHMnMRG/IMG-20240419-WA0031.jpg (https://ibb.co/0GFfFHb) https://i.ibb.co/fDWKMtg/IMG-20240419-WA0032.jpg (https://ibb.co/qJ84B9S) https://www.coingecko.com/research/publications/2024-q1-crypto-report?cgAndroidWebView=true |