2024 Q1 on-chain report: USDT market cap exceeds $100 billion for the first time
2024-04-19 02:11:05
On April 19, blockchain analysis platform Artemis and blockchain development platform QuickNode released the 2024 Quarter 1 on-chain report. Among them, the market value of USDT exceeded 100 billion US dollars for the first time, and the number of transactions processed by Quarter 1 was more than 10 times that of USDC; stablecoins still occupied the first place in terms of address activity, and the number of DeFi transactions surpassed stablecoins; TVL, a DeFi revenue generation protocol, increased from 26.50 billion US dollars in the third quarter of 2023 to 59.70 billion US dollars in Quarter 1 in 2024; the number of Web3 game transactions increased by 370% year-on-year, which is the category with the highest year-on-year growth in the Web3 industry; decentralized social network user activity increased by 425% in the first quarter; SolanaNFT activity surged, and Tensor active addresses surpassed OpenSea; the total investment in Web3 increased by 55% compared to the fourth quarter of 2023, of which the seed
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