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Author Topic: Coingecko Q1 Crypto Report: Key Takeaways  (Read 27 times)
Bournesparks (OP)
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April 19, 2024, 02:02:45 PM
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- 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://www.coingecko.com/research/publications/2024-q1-crypto-report?cgAndroidWebView=true
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