Binance – Top 10 Charts from 1H 2024

The crypto market has seen significant growth in 2024, with total market cap increasing by over 44% year-to-date. Bitcoin's market dominance has also grown to over 55%, outperforming traditional investments like Alphabet, Amazon, and Apple. The approval of U.S. spot ETFs for Bitcoin and Ether has been well-received, attracting significant inflows and legitimizing the asset class in the traditional finance world. Stablecoin supply is at its highest since May 2022, nearing all-time highs. Ethereum's restaking narrative has attracted over $18B in TVL, with new competitors emerging. Solana's DEX activity has hit new all-time highs, driven by memecoins and low fees. Prediction markets have seen a significant increase in TVL, with Polymarket dominating the market. NFT sales volumes have decreased, particularly in Profile-picture NFTs. Memecoins have been the best performing narrative, returning over 280% due to structural reasons and limited VC involvement.