In its new report, HTX Ventures explores the trends that shaped the crypto industry in 2024 and what opportunities the coming year will bring to the market.
HTX Ventures recently released the 2024 annual report that discusses the key developments in five sectors: the Bitcoin ecosystem, blockchain infrastructure, memecoins, artificial intelligence and The Open Network (TON) ecosystem. The report examines the changes in these areas over the last 12 months. Its analysis is complemented by a macroeconomic overview and market projections.
Bitcoin has been the foremost subject of discussion throughout 2024. The year started with the approval of Bitcoin ETFs and came to an end with Bitcoin breaking the psychological price level of $100K. In terms of market dominance, BTC rallied from 51.92% to 60.1% before dropping to 57.09% (Figure 1) most recently. The asset still holds most of the liquidity in the crypto market.
