A landmark year for crypto and blockchain - 2024 | Lado Okhotnikov
Lado Okhotnikov
29.12.2024

It's time to sum up the results of the outgoing year. It has been a landmark year for crypto and blockchain. Bitcoin reached a new all-time high of $108,000, while Base became the fastest-growing Ethereum Layer 2 solution. Here's a recap of the most significant trends and breakthroughs defining the crypto and blockchain industry in 2024:

1) AI agents took the spotlight in 2024. These autonomous systems complete tasks without human intervention. The most successful among these tokens are Virtuals Protocol with its token $VIRTUAL that suddenly skyrocketed by 200x and the aixbt token, which is an AI influencer in the ecosystem.

2) Stablecoins have solidified their role. Stablecoins become indispensable tools for everyday transactions in developing economies. Their market value has been continuously increasing. The stablecoin trading volumes on centralized exchanges surged by 77.5% to $1.81 trillion as of November 25.

3) Solana overtook Ethereum in terms of trading volumes on DEX. The network with strong community support processes thousands of transactions per second with minimal fees.
 
4) The RWA (real world assets) tokenization trend is taking over the world. BlackRock made waves this year by launching the BUIDL fund on Ethereum. This move spurred the explosive growth of RWA tokens such as ONDO, CHEX, and OM. The RWA sector has doubled in size and shows no sign of slowing down.

5) Polymarket: new generation forecasts. The largest forecasting platform attracted even those who are far from the crypto industry. It set a record of 40M visits in November. 

Have you noticed all these trends? And what’s next? These milestones may be just the beginning as we step into 2025.
 

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