Matrixport: Tether’s market value has surged, boosting the crypto market to explode in 2024
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2024-12-17 15:32 5,706
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Golden Finance reported that Matrixport released today’s chart saying that in 2024, Tether’s market value will increase by US$50 billion, breaking through the US$140 billion mark, consolidating its position as the core trading tool in the encryption market. At the same time, daily trading volume has surged. Stable in the range of 200 to 300 billion US dollars, fully reflecting the rapid expansion of the encryption ecosystem.
Notably, market activity surged tenfold from $30 billion at the end of January to a peak of $300 billion in November, demonstrating the incredible potential of the crypto market to go from a slump to a full-blown explosion. This massive influx of legal currency liquidity indicates that 2025 is expected to reach new highs.