PANews January 15th news, CoinGecko released the "2024 Annual Cryptocurrency Industry Report," summarizing seven highlights of the 2024 cryptocurrency industry.
In Q4 2024, the total market capitalization of cryptocurrencies grew by 45.7%, reaching $3.91 trillion at the end of the quarter, with an annual increase of 97.7%.
Bitcoin's dominance further increased, currently accounting for 53.6% of the total cryptocurrency market capitalization.
Throughout 2024 and particularly in Q4, Bitcoin outperformed major asset classes.
In Q4 2024, the market capitalization of AI Agents tokens grew by 322.2%, from $4.8 billion to $15.4 billion.
In Q4 2024, the trading volume of the top ten Ethereum Layer2 networks grew by 48.3%, with the Base network accounting for 48.3% of the volume.
In Q4 2024, centralized exchanges' spot trading volume reached $6.45 trillion, a quarter-on-quarter increase of 111.7%, setting a new historical high.
Solana replaced Ethereum as the dominant chain for DEX trading in Q4, accounting for over 30% of all DEX transactions.