#NFPCryptoImpact During 2024, the cryptocurrency market saw growth driven by events such as the Bitcoin halving, increasing institutional adoption, and the tokenization of traditional assets. Improved regulatory clarity by the European Union and the US also shaped the market, while decentralized finance (DeFi), stablecoins, and privacy coins gained traction.

Technological advancements, including Ethereum’s shift to proof-of-stake and improved scalability through layer-2 solutions, supported adoption. However, market volatility remained a factor to consider, influenced by macroeconomic conditions such as inflation and interest rates. Overall, 2024 was marked by innovation, increasing adoption, and regulatory developments, despite ongoing challenges.