That’s a wrap! The best crypto moments of 2024

As 2024 winds down, I want to reflect on what has been a landmark year for cryptocurrency. We’ve seen some groundbreaking milestones this year, along with the usual rollercoaster of highs and lows (crypto has definitely lived up to its volatile reputation!). It’s been a year of innovation, adoption, and resilience—reminding us of why we’re here and what’s possible in this space.

This is what it means to be an early investor in a groundbreaking technology like crypto!

But here’s the thing – every challenge faced this year has only strengthened the foundation for what’s to come, and every breakthrough has paved the way for even greater opportunities in the crypto space.

So, let’s take a moment to rewind and revisit some of the standout moments that defined 2024:

• Bitcoin ETFs finally launched, unleashing a tidal wave of capital into the market. On day one alone, $4.6 billion in volume was recorded. It smashed the projections out of the water and opened the floodgates for institutional investment.
• Bitcoin hit its all-time high prior to April’s halving. This is the first time in crypto history that this has happened.
• The approval of Ethereum ETFs and the proposed Solana ETFs are paving the way for even more institutional capital to flow into the crypto market.
• Trump headlined the Bitcoin conference, then later won the U.S. election, triggering a massive market rally and lifting the spirits of crypto investors everywhere. On election day, Bitcoin reached another all-time high, with ETF inflows hitting a record $1.4 billion.
• Over 70 crypto investors packed two NYC courtrooms to back Richard Heart in his showdown with the SEC. With a ruling expected in weeks, the decision could set a game-changing precedent for the industry.
• Altcoin season officially kicked off, rewarding patient investors with impressive gains.
• SEC head Gary Gensler announced his departure, and Trump appointed his pro-crypto successor, Paul Atkins. The change in leadership could mean a more relaxed and supportive approach to crypto regulation is coming.
• The U.S. Treasury acknowledged Bitcoin as ‘digital gold’, cementing its role as a long-term store of value.
• The Federal Reserve cut interest rates, flooding even more capital into the market.
• Over 400 million crypto wallets now hold positive balances, a sign of surging worldwide adoption.
• Memecoins, AI, Real World Assets (RWAs), and crypto cults became influential narratives in the crypto space. The RWA market cap increased from $104 million in 2023 to $931 million in 2024—a nearly 800% rise.
• Web3 gaming saw $1.1 billion in investment in Q2 alone, setting the stage for blockchain to revolutionise entertainment.
• XRP surged over 300% this year, climbing to become the 4th largest cryptocurrency by market cap. The XRP community has held strong for years while under attack by the SEC.
• Bitcoin reached over US$103,000 in December, more than doubling its value since the start of the year.
• The total market cap of cryptocurrencies surged by 96% in 2024, reaching $3.4 trillion by December.

And that’s just the highlight reel!

We know that more people than ever before took control of their assets this year, proving that financial sovereignty is no longer just a vision—it’s becoming a reality.

So, what does 2025 have in store?

Well, if history is anything to go by, we’ll see our major bull market peak around October/November. Thanks to a new head of the SEC, we could also see a significant turning point with crypto legislation. And with a pro-crypto U.S. President, it opens up a world of possibilities and opportunities for crypto. In fact, 2025 has been called the ‘year of new millionaires’, and given all the stars aligning, it’s not hard to see why!

Remember, there will always be mainstream FUD that emerges during a bull market. Despite the noise, adoption keeps climbing, on-chain activity is soaring, grassroots communities are growing, and institutional investment is just getting started.

If 2024 was the year of resilience, 2025 is the year of expansion. The world is waking up to what this technology can do, and we’re right at the forefront.

I want to thank you for your commitment to this crypto journey, for educating yourself and for learning about this incredible asset class. The foundation is stronger than ever, and the momentum is unstoppable.

Wishing you and your loved ones a Happy New Year.

Here’s to a prosperous and abundant 2025.