#2024WithBinance Every change in the Crypto World

The crypto industry has been pivoted in many directions by Binance and as we start 2024 they have a lot to offer. Here’s a snapshot of the latest trends and updates shaping the market:

The High Graph of Bitcoin

Bitcoin has crossed the $100k threshold and experts suggest that it might see even more growth. This is mainly a result of the high demand which is further fueled by the inflow of new investors, and a positive outlook for the market which suggests that a forecast of $233k per bitcoin by 2025 may come true.

The Rampant Growth of DeFi and Layer-2 Solutions

There has been explosive growth in the decentralized economy as well as projects and new businesses offering layer-2 solutions. Since the start of 2024, an total of roughly $67 billion has entered the DeFi market. This has also brought in notable advances in layer-2 projects that soared thanks to zero knowledge systems and drop systems amounting to $43 billion.

The Surge of Stablecoins

The stablecoin economy regained its equilibrium almost back to levels pre 2022, led by Tether (USDT) with new releases like Ethena’s black USDDe combining to provide a big injection into the crypto economy.

Apart from this, new developments in the Greenfield blockchain show how committed Binance is in boosting the opBNB protocol and building a more robust ecosystem where digital assets can thrive.