crypto has reached escape velocity 🧑🚀🌕
people...
▪️ value cryptoassets
▪️ hold cryptoassets
▪️ trade cryptoassets
▪️ borrow cryptoassets
▪️ use crypto applications
▪️ transact with stablecoins
▪️ earn by building in crypto
▪️ can use crypto networks for ~free
a thread 🧵⬇️
People value cryptoassets
▪️ Five cryptoassets have reached a market cap of over $100 billion
▪️ The combined market cap of these 5 assets is ~$3 trillion
People hold cryptoassets
▪️ Close to 1 billion unique addresses hold a cryptoasset balance
▪️ The tokenholder count has gone up 10x over the past four years
People trade cryptoassets
▪️ The monthly DEX trading volume regularly surpasses $200 billion
▪️ The DEX market sector took off properly in July '20
People borrow cryptoassets
▪️ Over $20 billion is actively borrowed via onchain lending marketplaces
▪️ The active loans figure has been up only since January '23
People use crypto applications
▪️ The global daily active user count in crypto is at all-time highs of 18.7 million
▪️ The same figure was 7.7 million at the start of '24
People transact with stablecoins
▪️ The global stablecoin supply is at all-time highs of $190 billion
▪️ The stablecoin supply has increased by over $60 billion since the start of '24
People earn by building in crypto
▪️ The quarterly revenue for the crypto market is close to $3 billion
▪️ The quarterly revenue figure has been trending up since Q4 '22
People can use crypto networks for ~free
▪️ It is possible to transact on a blockchain for less than $0.01
▪️ Transaction fees are no longer a blocker for the mainstream adoption of crypto applications
crypto macro dashboard
tokenterminal.com/explorer/studi…
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