$USDC This is an annual report on the performance of the cryptocurrency market in 2024, mainly introducing the overall situation of the cryptocurrency market in 2024, including market cap changes, price performance, stablecoin market, analysis of Bitcoin and Ethereum, and the development of the DeFi and NFT markets.

1. Overview of the cryptocurrency market in 2024:

- Market capitalization growth: The total market cap increased by $1.07 trillion in the fourth quarter of 2024, reaching a historic high of $3.91 trillion.

- Increase in trading volume: The average daily trading volume in the fourth quarter grew by 128.2%, reaching $200.7 billion.

- New entrants to the top 30 cryptocurrencies: Including HBAR, HYPE, BGB, and USDS, replacing TAO, FET, KAS, POL, and ETC.

2. Cryptocurrency market share:

- Bitcoin's dominance: Bitcoin's market share rose to 54.5%.

- XRP market share growth: XRP's market share increased from 1.0% to 3.5%, ranking fourth.

- Ethereum market share decline: Ethereum's market share decreased from 13.4% to 11.8%.

3. Cryptocurrency price performance in the fourth quarter of 2024:

- Performance of mainstream cryptocurrencies: XRP had the largest increase, reaching 239%; BTC's increase was 122%.

- Performance of DeFi tokens: HYPE token increased by 270%, and AAVE increased by 183%.

- Performance of meme coins: PEPE had a total increase of 1453% for the year, and DOGE had an increase of 177% in the fourth quarter.