messari

Messari released the BNBChain Q4 2024 report: BNB market capitalization grew by 114%, and the stablecoin market capitalization maintained third place at $6.84 billion

ChainCatcher news, Messari today released the BNBChain Q4 2024 report, which covers ecological expansion and growth in various metrics. Among them, the market capitalization of BNB reached $101.09 billion at the end of Q4, a year-on-year increase of 114% compared to the beginning of the year.The annual growth of BNBChain's DeFi ecosystem is 53%, with a Q4 growth of 10%, and the TVL is $5.35 billion, where ListaDao performed remarkably with a TVL growth of 174%. The average daily trading volume of DEX on BNBChain in Q4 increased by 122%, reaching $1.29 billion. The annual average daily trading volume of DEX grew by 269%.The stablecoin market also saw steady growth, with BNBChain maintaining the position of the third-largest stablecoin ecosystem globally (after Ethereum and Tron), and the total market capitalization of stablecoins reached $6.84 billion in Q4. Additionally, in the BTCFi sector, the number of holders increased by 5% quarter-on-quarter, surpassing 1 million users, with Solv and Lorenzo performing particularly well.On the technical front, by the end of the year, 96% of blocks had utilized BuilderAPI, improving block speed and MEV transparency. The number of active validators increased from 40 to 45, further promoting the decentralization of BNBChain.BNB Chain is committed to driving crypto applications and attracting the next billion users into Web3.

Messari predicts that Solana will experience explosive growth in 2025

ChainCatcher news indicates that according to the Messari 2025 Crypto Theses report, Solana may experience strong growth in 2025. The report states that in the third quarter of 2024, Solana's ecosystem financing reached $173 million, setting a record high since the second quarter of 2022. With the gradual possibility of launching a spot SOL ETF, a more favorable regulatory environment is expected to attract more institutional participation, driving explosive market growth. Some analysts even predict that the price of SOL could break through $4,000.In addition, the Firedancer client has been deployed on the Solana mainnet this year. Developed by Jump Trading, it is a high-performance validator client designed to enhance the transaction speed and scalability of the blockchain. The initial version will be rolled out in phases, focusing primarily on improvements at the network layer, while future versions will further expand functionality to enhance Solana's overall performance and reliability. Firedancer plans to be fully deployed in 2025, which is expected to enhance client diversity on the SOL network, increase activity and security, and reduce reliance on a single client codebase. However, Messari notes that its short-term impact may be limited, as the deployment of other clients still faces bottlenecks, and the full potential of Firedancer may take more time to be fully realized.
ChainCatcher Building the Web3 world with innovators