TechFlow news, January 16 — CoinGecko released its 2024 Annual Cryptocurrency Industry Report today.
The following highlights are worth noting:
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The total cryptocurrency market capitalization grew by 45.7% in Q4 2024, reaching $3.91 trillion at quarter-end, representing a full-year increase of 97.7%.
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Bitcoin's dominance strengthened, accounting for 53.6% of the total cryptocurrency market cap.
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Bitcoin outperformed major asset classes both in 2024 overall and during Q4.
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The market capitalization of AI agent tokens surged 322.2% in Q4 2024, rising from $4.8 billion to $15.4 billion.
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In Q4 2024, transaction volume across Ethereum's top ten Layer-2 networks increased by 48.3%, with Base accounting for 48.3% of the volume.
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Centralized exchanges recorded $6.45 trillion in spot trading volume during Q4 2024, a 111.7% increase quarter-on-quarter and an all-time high.
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Solana surpassed Ethereum to become the leading blockchain for decentralized exchange (DEX) trading in Q4 2024, accounting for over 30% of all DEX trading volume.
