Crypto Money Market He made a painful start to 2025. After the enthusiastic rise of 2024, the harsh wave that hit the market was disappointed for investors. CoingeckoAccording to the first quarter report of 2025, the total market value decreased by 18.6 percent in this period to 2.8 trillion dollars. In this process, the daily transaction volume decreased by 27.3 percent to $ 146 billion. The report shows not only the decrease in the market value, but also the increase in the dominance of Bitcoin on the market, the depreciation in Ethereum, the collapse of the Memecoin market, and the great tremor in the world of decentralized finance (defi).
Altcoins lost blood while Bitcoin stands out
In the first quarter of the year Bitcoinhas once again proved that it is the most powerful player in the crypto currency market. BTC’s dominance on the market rose to 59.1 percent, while this rate has not been seen since the beginning of 2021 as a level. Bitcoin reached a new summit level with 106 thousand 182 dollars in January and closed the end of the quarter from 82 thousand 514 dollars with a decrease of 11.8 percent.
According to the report, with the tendency of investors to escape the risk, it turned to Stablecoins. USDTWhile the market share of the market increased to 5.2 percent, USDC He took his first place in the top 10, leaving Dogecoin behind. Against this Ethereum It fell to a thousand $ 805 with a harsh decline of 45.3 percent, and with this decrease, he deleted all his gains during 2024. ETH’s market dominance has fallen to 7.9 percent to the lowest level of recent years.
AltcoinMost of the s in this process while experiencing similar decreases only XRP And Bnb He was able to maintain his market shares. In the Memecoins, there was a collapse. In particular, although political themed Coins such as “Trump” and “Melania çıktı caught a short -term rise in January, confidence was shaken by the collapse of Llıbra Coin, introduced by Argentine leader Javier Milei. Pump.fun platform daily new memecoin production fell by 56.3 percent.
While the volume decreased in CEX and Dex, solana passed to the attack
In short, the transaction volumes in the central stock exchanges fell in the first quarter. Binance While maintaining its leadership, the total spot transaction volume decreased by 16.3 percent and decreased to 5.4 trillion dollars. BybitWhile the transaction volume decreased by 52.4 percent on a monthly basis after the hacking attack. Upbit 34 percent loss with the biggest decline was the stock market.
On the side of decentralized stock exchanges (Dex) Solana He made a remarkable exit. In the first quarter of the year, 39.6 percent of Dex transactions took place on Solana. In January, this rate increased to 52 percent, while Ethereum’s share fell below 20 percent for the first time. In March, however, Ethereum resumed again and passed in front of Solana with a 30.1 percent share.
In this quarter Polygon And OptimismHe lost the ground against the newly arrived Sonic and Berachain and went out of the top 10. Especially BerarachainIn just two months, he reached the sixth place at the defi ecosystem of $ 5.2 billion. Boyco Pre-Paraphasion Pools via 2.3 billion dollars of liquidity formed the basis of this success.
49 billion dollars became steam from the defi market
Defi market Crypto money was affected by the harsh winds on the market. In the first quarter of the year, the total asset (TVL) locked in many Blockchain defi systems fell from $ 177.4 billion to $ 128.6 billion. This corresponds to the shrinkage of 27.5 percent. The biggest loss was on the Ethereum side. With a depreciation of 35.4 percent, his TVL went down to $ 72.7 billion. Ethereum’un TVL domination fell from 63.5 percent to 56.6 percent.
Solana and Base Networks also got their share of the decline. However, the increase in TVL shares, albeit slightly, shows that trust in Ecosystems is not completely lost. Although the recovery signals on the defi side have not yet appeared, the rapid growth of new projects stands out as a remarkable development.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
