• bitcoinBitcoin (BTC) $ 69,357.00
  • ethereumEthereum (ETH) $ 3,713.94
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 609.48
  • solanaSolana (SOL) $ 175.17
  • staked-etherLido Staked Ether (STETH) $ 3,712.70
  • usd-coinUSDC (USDC) $ 0.999975
  • xrpXRP (XRP) $ 0.536902
  • dogecoinDogecoin (DOGE) $ 0.164532
  • the-open-networkToncoin (TON) $ 6.35
  • cardanoCardano (ADA) $ 0.495827
  • avalanche-2Avalanche (AVAX) $ 40.44
  • shiba-inuShiba Inu (SHIB) $ 0.000025
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 69,709.00
  • tronTRON (TRX) $ 0.123289
  • polkadotPolkadot (DOT) $ 7.54
  • bitcoin-cashBitcoin Cash (BCH) $ 511.76
  • chainlinkChainlink (LINK) $ 16.67
  • nearNEAR Protocol (NEAR) $ 7.84
  • uniswapUniswap (UNI) $ 9.42
  • matic-networkPolygon (MATIC) $ 0.723460
  • litecoinLitecoin (LTC) $ 87.54
  • fetch-aiFetch.ai (FET) $ 2.46
  • internet-computerInternet Computer (ICP) $ 13.31
  • leo-tokenLEO Token (LEO) $ 6.00
  • daiDai (DAI) $ 0.999991
  • pepePepe (PEPE) $ 0.000012
  • ethereum-classicEthereum Classic (ETC) $ 31.03
  • wrapped-eethWrapped eETH (WEETH) $ 3,848.38
  • render-tokenRender (RNDR) $ 10.93
  • hedera-hashgraphHedera (HBAR) $ 0.114653
  • aptosAptos (APT) $ 9.15
  • immutable-xImmutable (IMX) $ 2.49
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,653.77
  • cosmosCosmos Hub (ATOM) $ 8.77
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • filecoinFilecoin (FIL) $ 6.15
  • mantleMantle (MNT) $ 1.03
  • crypto-com-chainCronos (CRO) $ 0.124392
  • stellarStellar (XLM) $ 0.112028
  • the-graphThe Graph (GRT) $ 0.336184
  • blockstackStacks (STX) $ 2.16
  • kaspaKaspa (KAS) $ 0.132032
  • arbitrumArbitrum (ARB) $ 1.17
  • okbOKB (OKB) $ 51.13
  • optimismOptimism (OP) $ 2.81
  • arweaveArweave (AR) $ 44.13
  • makerMaker (MKR) $ 3,080.94
  • bittensorBittensor (TAO) $ 418.32
  • dogwifcoindogwifhat (WIF) $ 2.70
  • vechainVeChain (VET) $ 0.036190
  • suiSui (SUI) $ 1.12
  • injective-protocolInjective (INJ) $ 27.65
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • theta-tokenTheta Network (THETA) $ 2.49
  • fantomFantom (FTM) $ 0.874098
  • moneroMonero (XMR) $ 134.51
  • thorchainTHORChain (RUNE) $ 6.66
  • flokiFLOKI (FLOKI) $ 0.000217
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,100.96
  • bonkBonk (BONK) $ 0.000031
  • lido-daoLido DAO (LDO) $ 2.21
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,811.99
  • galaGALA (GALA) $ 0.043121
  • celestiaCelestia (TIA) $ 9.56
  • sei-networkSei (SEI) $ 0.567545
  • pyth-networkPyth Network (PYTH) $ 0.447961
  • jupiter-exchange-solanaJupiter (JUP) $ 1.18
  • coredaoorgCore (CORE) $ 1.79
  • bitget-tokenBitget Token (BGB) $ 1.13
  • algorandAlgorand (ALGO) $ 0.187432
  • whitebitWhiteBIT Coin (WBT) $ 10.02
  • flowFlow (FLOW) $ 0.956461
  • aaveAave (AAVE) $ 96.16
  • quant-networkQuant (QNT) $ 97.79
  • starknetStarknet (STRK) $ 1.21
  • beam-2Beam (BEAM) $ 0.027850
  • bitcoin-svBitcoin SV (BSV) $ 68.78
  • akash-networkAkash Network (AKT) $ 5.78
  • ondo-financeOndo (ONDO) $ 0.923925
  • singularitynetSingularityNET (AGIX) $ 1.03
  • ethenaEthena (ENA) $ 0.862359
  • bittorrentBitTorrent (BTT) $ 0.000001
  • dydx-chaindYdX (DYDX) $ 2.11
  • tokenize-xchangeTokenize Xchange (TKX) $ 14.46
  • cheeleeCheelee (CHEEL) $ 20.32
  • flare-networksFlare (FLR) $ 0.028302
  • axie-infinityAxie Infinity (AXS) $ 7.85
  • neoNEO (NEO) $ 15.75
  • elrond-erd-2MultiversX (EGLD) $ 41.05
  • chilizChiliz (CHZ) $ 0.123600
  • gatechain-tokenGate (GT) $ 8.17
  • worldcoin-wldWorldcoin (WLD) $ 4.96
  • msolMarinade Staked SOL (MSOL) $ 208.11
  • the-sandboxThe Sandbox (SAND) $ 0.465383
  • ecasheCash (XEC) $ 0.000052
  • wormholeWormhole (W) $ 0.566922
  • eosEOS (EOS) $ 0.867747
  • roninRonin (RON) $ 3.06
  • zebec-protocolZebec Protocol (ZBC) $ 0.019384
  • jasmycoinJasmyCoin (JASMY) $ 0.020213
  • tezosTezos (XTZ) $ 0.987904
  • safeSafe (SAFE) $ 2.27
  • kucoin-sharesKuCoin (KCS) $ 10.06
  • pendlePendle (PENDLE) $ 6.24
  • havvenSynthetix Network (SNX) $ 2.92
  • conflux-tokenConflux (CFX) $ 0.237381
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,731.57
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,717.30
  • aioz-networkAIOZ Network (AIOZ) $ 0.842959
  • mina-protocolMina Protocol (MINA) $ 0.829305
  • ordinalsORDI (ORDI) $ 42.68
  • gnosisGnosis (GNO) $ 341.25
  • ribbon-financeRibbon Finance (RBN) $ 0.898315
  • decentralandDecentraland (MANA) $ 0.465004
  • book-of-memeBOOK OF MEME (BOME) $ 0.012165
  • lido-staked-solLido Staked SOL (STSOL) $ 209.01
  • apecoinApeCoin (APE) $ 1.30
  • nexoNEXO (NEXO) $ 1.42
  • heliumHelium (HNT) $ 4.84
  • echelon-primeEchelon Prime (PRIME) $ 19.49
  • kavaKava (KAVA) $ 0.702769
  • iotaIOTA (IOTA) $ 0.230971
  • frax-etherFrax Ether (FRXETH) $ 3,712.84
  • nervos-networkNervos Network (CKB) $ 0.016939
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.82
  • usddUSDD (USDD) $ 0.996394
  • theta-fuelTheta Fuel (TFUEL) $ 0.109216
  • klay-tokenKlaytn (KLAY) $ 0.186365
  • dexeDeXe (DEXE) $ 12.07
  • swethSwell Ethereum (SWETH) $ 3,903.93
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,961.45
  • livepeerLivepeer (LPT) $ 21.05
  • blurBlur (BLUR) $ 0.415877
  • ocean-protocolOcean Protocol (OCEAN) $ 1.04
  • bitcoin-goldBitcoin Gold (BTG) $ 38.21
  • axelarAxelar (AXL) $ 0.994710
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.16
  • fraxFrax (FRAX) $ 0.996362
  • woo-networkWOO (WOO) $ 0.338894
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000030
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000109
  • oasis-networkOasis Network (ROSE) $ 0.091994
  • fasttokenFasttoken (FTN) $ 1.97
  • illuviumIlluvium (ILV) $ 93.52
  • tether-goldTether Gold (XAUT) $ 2,424.41
  • mantra-daoMANTRA (OM) $ 0.730786
  • dydxdYdX (ETHDYDX) $ 2.11
  • notcoinNotcoin (NOT) $ 0.005732
  • pepecoin-2PepeCoin (PEPECOIN) $ 5.08
  • curve-dao-tokenCurve DAO (CRV) $ 0.483633
  • osmosisOsmosis (OSMO) $ 0.887974
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 4,019.71
  • golemGolem (GLM) $ 0.559527
  • arkhamArkham (ARKM) $ 2.48
  • xdce-crowd-saleXDC Network (XDC) $ 0.035994
  • wemix-tokenWEMIX (WEMIX) $ 1.49
  • astarAstar (ASTR) $ 0.094314
  • aerodrome-financeAerodrome Finance (AERO) $ 1.16
  • true-usdTrueUSD (TUSD) $ 0.999565
  • enjincoinEnjin Coin (ENJ) $ 0.349268
  • iotexIoTeX (IOTX) $ 0.053539
  • jito-governance-tokenJito (JTO) $ 4.15
  • memecoin-2Memecoin (MEME) $ 0.027013
  • raydiumRaydium (RAY) $ 1.89
  • superfarmSuperVerse (SUPER) $ 1.10
  • 1inch1inch (1INCH) $ 0.428513
  • skaleSKALE (SKL) $ 0.094652
  • apenftAPENFT (NFT) $ 0.00000049
  • celoCelo (CELO) $ 0.897348
  • 0x0x Protocol (ZRX) $ 0.570850
  • ether-fiEther.fi (ETHFI) $ 4.16
  • stader-ethxStader ETHx (ETHX) $ 3,806.91
  • radixRadix (XRD) $ 0.045478
  • dymensionDymension (DYM) $ 2.77
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.11
  • stepnGMT (GMT) $ 0.228977
  • ankrAnkr Network (ANKR) $ 0.046073
  • mx-tokenMX (MX) $ 4.65
  • arcblockArcblock (ABT) $ 4.61
  • polymeshPolymesh (POLYX) $ 0.429202
  • zilliqaZilliqa (ZIL) $ 0.024583
  • altlayerAltLayer (ALT) $ 0.331023
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008812
  • compound-ethercETH (CETH) $ 74.65
  • venomVenom (VENOM) $ 0.268851
  • pax-goldPAX Gold (PAXG) $ 2,408.61
  • based-brettBrett (BRETT) $ 0.052019
  • metis-tokenMetis (METIS) $ 77.27
  • ravencoinRavencoin (RVN) $ 0.031224
  • zetachainZetaChain (ZETA) $ 1.61
  • rocket-poolRocket Pool (RPL) $ 20.93
  • nosanaNosana (NOS) $ 5.10
  • holotokenHolo (HOT) $ 0.002389
  • compound-governance-tokenCompound (COMP) $ 61.76
  • siacoinSiacoin (SC) $ 0.007349
  • project-galaxyGalxe (GAL) $ 3.64
  • terra-luna-2Terra (LUNA) $ 0.602791
  • biconomyBiconomy (BICO) $ 0.527425
  • qtumQtum (QTUM) $ 3.88

Crypto boasts over 400 million active wallets, suggesting more investor confidence

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On-chain wallet activity data suggest that investors are more active now than in the previous cycles, suggesting growing market confidence, Chainalysis highlights in its “The 2024 Crypto Spring Report.” The transfer activity during the recent market surge surpassed the peak seen in late 2020 and 2021, and the number of wallets holding a positive balance continues to rise linearly, now boasting over 400 million wallets actively engaged with crypto.

“Though one wallet does not imply one user, as institutions and individuals can have multiple wallets, the volume of growth suggests that cryptocurrency use is growing,” pointed out the report.

Image: Chainalysis

As the adoption of crypto continues to climb, organizations are prompted to reassess their operational models to fully leverage blockchain technology’s unique opportunities. This is particularly crucial for financial institutions that are integrating crypto into mainstream financial services, underscored Chainalysis.

The mainstreaming of crypto also presents a mix of challenges and opportunities for government agencies and the public sector. The expansion of crypto’s utility increases the risk of its potential misuse. Chainalysis is dedicated to providing comprehensive data and intelligence tools to empower law enforcement agencies to maintain the integrity and security of the crypto ecosystem.

“The transition from winter to spring is not just a revival of fortunes but a significant step towards a future where blockchain technology and crypto assets are integral to our financial and operational landscapes,” adds the report.

Scalability boost

The report also touches on the importance of scalability solutions like the Bitcoin Lightning Network and Ethereum’s layer-2 scaling solutions, which have seen significant growth and are essential for the mass adoption of crypto.

The number of open channels on Lightning Network tripled in one year, reaching 6,000 channels on January 1, 2024. Meanwhile, Ethereum layer-2 blockchains surpassed the mainnet in daily transactions, and the total value locked in Ethereum-to-L2 bridges was at $18.1 billion as of March.

Source

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