State of Crypto 2024: 7 Key Trends
In a new report released, the State of Crypto has some important key findings. Overall growth has been phenomenal. Find out what key trends have happened over the last year.
🌎 Crypto activity hits record highs
220M active addresses and 27M mobile wallet users per month.
🇺🇸 Crypto is a hot topic ahead of the US elections
Interest in crypto is rising, especially in Pennsylvania, Wisconsin, and Michigan.
💲 Stablecoins lead the pack
Stablecoin transaction volume reached $8.5T, more than twice the volume of Visa.
💸 On-chain transactions are cheaper
Fees dropped by 99%, and a transaction on Base costs less than a cent.
🏦 DeFi growth as banks shrink
DeFi offers a decentralised alternative to major banks.
👽 Crypto solves AI challenges
Blockchain tech helps verify content authenticity, manage computing resources, and reward users for data contributions.
🖼 New infrastructure opens doors
NFTs are shifting to social assets, with decentralised social networks and gaming on the rise.
