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Binance Research Institute releases 2023 annual review report, crypto market value increases by 109%

Binance Research Institute released its 2023 annual review report, which comprehensively analyzed the performance of the cryptocurrency market in the past year. The report shows that driven by the significant increase in the first and fourth quarters, the market value of cryptocurrencies in 2023 increased by 109%; Web3 projects attracted 1,173 investments, totaling $9 billion; decentralized finance (DeFi) TVL increased by 38.9% year-on-year; and the global stablecoin market value decreased by 5.2% overall in 2023.

Binance Research Institute also provided exclusive insights into the eight major trends in the cryptocurrency asset industry for 2024 through professional analysis. These trend topics include: Bitcoin ecosystem-related development, ownership economy, artificial intelligence (AI), real-world assets (RWA), on-chain liquidity, institutional-level popularity, etc.

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Binance Research Institute releases 2023 annual review report, crypto market value increases by 109%

All Comments

Recommended for you

An address mistakenly transferred about $7,000 in BTC to Satoshi Nakamoto’s wallet

USDC circulation increased by 200 million in the past 7 days

Bitcoin mining company Phoenix Group released its Q1 financial report: net profit of US$66.2 million, a year-on-year increase of 166%

Core Foundation launches $5 million innovation fund

In the past 24 hours, the entire network has liquidated $139 million, and long orders have liquidated $83.5374 million

$1.2 billion in notional value of BTC options and $930 million in ETH options are set to expire

Tether CEO: 1 billion USDT will be issued on Tron Network, but it has been authorized but not yet issued

The Hashgraph Association and QFC launch $50 million digital asset venture studio in Qatar

In the past 24 hours, the entire network has liquidated $159 million, and short positions have liquidated $114 million

Ethereum liquidity re-staking agreement TVL exceeds $10.1 billion, of which Eigenpie TVL exceeds $800 million

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