In the detailed Crypto Industry Report for 2023, prepared by CoinGecko, we explore various aspects, including the crypto market overview, a detailed analysis of Bitcoin and Ethereum, a thorough examination of decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, and an assessment of the performance of both centralized exchanges (CEX) and decentralized exchanges (DEX).
With 52 slides, there is something for every trader.In 2023, the cryptocurrency market experienced significant expansion, surpassing a doubling of its total market capitalization from $832 billion at the start of the year. The notable growth was chiefly propelled by the remarkable resurgence of Bitcoin, which saw a 2.6x increase. Following the challenges and stagnation of 2022, 2023 emerged as a resilient year of recovery for the cryptocurrency industry. CoinGecko has identified the top 6 highlights of the 2023 Crypto Industry Report.
- Total crypto market capitalization rose +108.1% in 2023, from $829B to $1.72T
- Bitcoin grew +155.2% in 2023, with growing confidence in an ETF approval
- Ethereum rose +90.5% in 2023, though outpaced by Bitcoin
- Solana recorded a meteoric rise of +917.3% in 2023, with a resurgence in bullish narratives
- NFT Trading Volume Stood at $11.8b in 2023, 44% of 2022’s Figures
- Crypto trading volume hit $10.3T 2023 Q4, rising +53.1%
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