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Trading Volume, Multichain, Economic Indicators

7 February، 2025 CRYPTOCURRENCY

“The cryptocurrency market dominates with the volume of record trading and the Multicichain adoption”

The cryptocurrency market has been in tears in recent months, with negotiation volumes that reach unprecedented levels and the multicain adoption to the stars. According to CoinMarketCap data, the total value of all the cryptocurrencies exchanged is now higher than $ 3 trillions.

One of the main drivers behind in 2020, the average volume of daily trading for the main cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) was covered by 50 million dollars. However, that number has risen to the stars on over $ 1 billion a day today.

Bitcoin, your daily trading volume would be equivalent to a stunning 100 million exchanges per day. This level of activity is not only by feeding the market, but is also increasing prices for individual cryptocurrencies.

Another key indicator of the market strength is multicycin adoption. The number of active wallets that support various blockchain networks according to the chain data, now there are over 1 million portfolios active only on the Ethereum network.

This NFTS,

Economic indicators in support of this growth are also noteworthy. The cryptocurrency market has experienced a series of significant bulls in the last year, with prices that increase up to 10 times their previous highs in some cases. This level of volatility is increasing speculation and feeling, which in turn is fueling the demand for cryptocurrencies.

However, not all economic indicators are positive. The increase in the adoption of cryptocurrency has also led to an increase in regulatory control from governments all over the world. Cryptocurrency tools, citing concerns about market volatility and safety.

The economic indicators take place in the coming weeks and months. ? Only time will say it, but one thing is certainly:

Top 5 Leaders Volume of Crypto Trading (2022)

Trading Volume, Multichain, Economic Indicators

  • Bitcoin (BTC) – $ 1 billion per day

  • Ethereum (ETH) – $ 700 million per day

  • Litecoin (LTC) – $ 400 million per day

  • Cardano (Ada) – $ 200 million per day

  • Solana (Sol) – $ 150 million per day

Top 10 Multichain Adoption Leaders (2022)

  • Ethereum (ETH) – 1,000,000 active wallets

  • Cardano (Ada) – 500,000 active wallets

  • Polkadot (point) – 300,000 active wallets

  • Solana (Sol) – 200,000 active wallets

  • Binance Smart Chain (BEP -20) – 150,000 active wallets

The 10 best economic indicators to support cryptographic growth

  • Increase in the adoption of NFT and Defi applications

  • Increase in prices led by speculation and feeling

  • Crescent regulatory examination by governments

  • Increase in institutional investments in cryptocurrencies

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