Q1 2025 Crypto Market Recap – CoinGecko Report

- Market Cap Down: Crypto market cap fell 18.6% to $2.8T, down from $3.8T in January pre-Trump inauguration.

- Investor Activity Slows: Avg. daily trading volume dropped 27.3% to $146B.

- BTC Dominance Climbs: Bitcoin now holds 59.1% market share, highest since 2021.

- Meme Tokens Slump: Post-LIBRA scandal, meme coin activity plunged; Pump.fun volumes fell 56.3%.

- CEX Spot Trading Declines: Volume down $5.4T (-16.3%). Binance retains top position.

- DEX Shift to Solana: Solana leads with 39.6% DEX market share, driven by January’s meme token mania.

- DeFi TVL Drops: Total value locked in DeFi shrank 27.5% to $128.6B. Ethereum and Solana were hit hardest.

- Berachain Emerges: Newcomer Berachain enters top 6 by TVL after raising $5.2B.