- 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