This year has been quite remarkable in terms of crypto evolution. Innovative blockchains have been on the rise, while altcoins have soared, and the NFT market has been booming. Discover the most notable trends to follow if you want to understand where the industry is heading.
1. Growing Market Cap and Altcoin Boom
In April 2021, the value of the crypto market rose above $2 trillion for the first time in history. The spectacular growth was mostly fueled by the skyrocketing of Bitcoin and Ethereum, which both set new records. The market capitalization of BTC alone stayed at $1 trillion dollars for a week.