Crypto Market Cap Hits $3.25 Trillion in 2024, Doubling Annually Since 2016

The cryptocurrency market has witnessed extraordinary growth, achieving a total market capitalization of $3.25 trillion as of December 31, 2024. Since 2016, the sector has sustained an average annual growth rate of 100%, underscoring its rapid expansion.

Bitcoin leads the market with a valuation of $1.83 trillion, accounting for 56% of the total, followed by Ethereum at $404 billion (12%). Stablecoins represent 6% of the market, highlighting their role as less volatile digital assets, while the remaining 25% reflects the ecosystem's increasing diversification.

Despite periods of extreme volatility, particularly during 2021 and 2022, the market has shown remarkable resilience and steady growth, solidifying its position as a key asset class in the global financial landscape.