2024 H2 Web3 Industry Review

Since the first half of 2024, the crypto market has experienced remarkable growth, with its total market capitalization surging by 44.2%, from $2.31 trillion to $3.33 trillion. This growth has been underpinned by key milestones, including the approval of spot BTC and ETH ETFs in 1H 2024 as well as the landslide election victory of Donald Trump in 2H 2024, whose deregulatory agenda and pro-crypto policies have fueled optimism in the industry.