Matrixport Investment Research: A review of the major crypto events at the end of 2024

0 0 0

について暗号currency market has seen significant growth in 2024, driven by increased institutional adoption, growing regulatory clarity, and innovative strategies from leading blockchain projects. Key highlights include the rise of BTC, XRP’s legal victory, Solana’s technological advancement, and DOGE Coin’s cultural renaissance.

BTC: Record Milestones and Growth in Institutional Adoption

Bitcoin (BTC) hit a new all-time high of $108,000, thanks to the approval of a BTC spot ETF in January 2024, which enhanced its credibility and accessibility to mainstream investors.

President Donald Trumps victory in November brought a crypto-friendly administration, and his proposals, such as the creation of a national Bitcoin reserve, further boosted market confidence. Despite continued volatility associated with macroeconomic conditions, BTCs resilience, institutional support, and adoption make it a mature asset class. Based on the above factors, BTC prices could exceed $160,000 in 2025.

MicroStrategy and Metaplanet: Enterprise Bitcoin Pioneers

MicroStrategy has solidified its role as a BTC proxy by amassing over 439,000 BTC, and despite ongoing debate surrounding its high valuation, MicroStrategy is using its shares to raise funds to further purchase BTC.

In Asia, Metaplanet has mimicked this strategy and has been dubbed “Japan’s MicroStrategy” for holding over 1,000 BTC. The zero-interest bonds and stocks issued by Metaplanet demonstrate the company’s confidence in the long-term value of BTC, foreshadowing a trend of MicroStrategy-style copycats that could emerge in 2025.

Ripple: Legal clarity and strategic expansion

Ripple scored a landmark legal victory in August when XRP was ruled not to be a security, providing much-needed regulatory clarity. That legal victory, coupled with the election of crypto-friendly Trump, has boosted XRP’s value by nearly 400%, cementing its position as the third-largest cryptocurrency.

Ripple has further expanded its ecosystem with the launch of RLUSD, a stablecoin backed by U.S. dollar reserves and government bonds, reinforcing its role as a major player in the stablecoin space and beyond.

Solana: Scaling Blockchain Innovation

Solana’s high-throughput, low-cost blockchain has made it a leader in decentralized applications and speculative assets. The growing popularity of MEME coins such as Popcat and Dogwifhat has driven a significant increase in on-chain activity. Strategic partnerships and strong infrastructure have expanded Solana’s use cases, increased its adoption, and solidified its key position in blockchain innovation.

Dogecoin: Cultural Icon and Political Symbol

Influenced by MEME culture and Elon Musk, Dogecoin (DOGE) is booming in 2024. Musk was appointed by President Trump as the Minister of Government Efficiency (DOGE), which formed a unique connection with Dogecoin. This appointment, coupled with Musks support for Dogecoin, increased the popularity and appeal of Dogecoin, consolidating its position as the leading meme coin.

上記のビューの一部は、Matrix on Target から取得したものです。 お問い合わせ Matrix on Target の完全なレポートを入手するには。

免責事項：市場にはリスクがあり、投資は慎重に行う必要があります。この記事は投資アドバイスではありません。デジタル資産取引は非常にリスクが高く、不安定になる可能性があります。投資の決定は、個人の状況を慎重に検討し、金融専門家に相談した上で行う必要があります。Matrixport は、このコンテンツで提供される情報に基づく投資決定について一切責任を負いません。

This article is sourced from the internet: Matrixport Investment Research: A review of the major crypto events at the end of 2024

Related: Airdrop Weekly Report | The economic model of the ME token will be released on November 18; Participating in ZKFair stak

Original | Odaily Planet Daily ( @OdailyChina ) Author: Golem ( @web3_golem ) Odaily Planet Daily takes stock of the airdrop projects that can be claimed from November 4 to November 10, and also organizes the interactive tasks and important information of the new airdrops added this week. For detailed information, see the text. Swell Project and air investment qualification introduction Swell is a liquidity staking protocol. The project announced the SWELL token economics and opened token airdrop claims on November 7. The total supply of SWELL is 10 billion, with an initial circulating supply of 13%. 35% of SWELL is allocated to the community, of which 8.5% of the supply is allocated to the Voyage airdrop, 7% of the total supply will be linearly distributed based on the accumulated…