Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

According to Senator Hagerty, these crypto entities will be the biggest holders of American treasury in the world

2025-05-21

Smarter athlete data via PSG Labs and Joint Innovation Studio

2025-05-21

Bitcoin -Posts record daily and weekly closes – is a breakout on your hands?

2025-05-21
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Smarter athlete data via PSG Labs and Joint Innovation Studio

    2025-05-21

    Sahara AI launches Siwa Testnet to authorize decentralized AI builders

    2025-05-21

    WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

    2025-05-21

    Adventure Layer is launched as First Gaming L2 on Berachain

    2025-05-20

    Arbitrum affects $ 1.5 billion volume milestone on Uniswap V4

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

    2025-05-21

    Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

    2025-05-21

    Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

    2025-05-20

    XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

    2025-05-20

    Milei closes Libra Task Force and investigates ties with its administration

    2025-05-20
  • Learn

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»2024 sets a record for on-chain adoption with a transaction milestone of $10 trillion
Blockchain

2024 sets a record for on-chain adoption with a transaction milestone of $10 trillion

2025-01-04No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

2024 was the year of the resurgence of on-chain activity within blockchain networks, as key metrics including adoption, transaction volumes and numbers reached all-time highs.

The Dune On-chain Adoption Index, which measures the level of engagement with the blockchain, reached 77 in December 2024, slightly below its all-time high of 84, last seen in November 2021. On-chain transactions are at a record reaches high. With on-chain transactions reaching $817 million by December 2024, surpassing the previous record of $730 million set in January 2022. This translates to an annual run rate of $10 trillion.

You might also like: Dune unlocks amazing insights with on-chain analytics integration

Dune Analytics CEO Fredrik Haga said in his X-post that transaction volume reflected the peak of 2021 activity levels for many weeks of the year, reflecting a strong increase in blockchain adoption. The growth comes as the sector continues to face scrutiny from regulators even as it makes a general move towards adopting decentralized frameworks.

Okay, so prices went up, but what did actual onchain adoption look like in 2024!? Let’s look at the data 👇

In 2024, Unchain adoption reached 2021 levels, while also surpassing previous highs in terms of transfer volume and number of transactions!

General adoption through the chain – almost… pic.twitter.com/IImeJjNtIj

— hagaetc.eth (@hagaetc) January 2, 2025

You might also like: Worldcoin is partnering with Dune ahead of the World Chain mainnet

Blockchain transaction fees fell from $2 billion in November 2021 to $500 million in December 2024, shedding light on the deflationary nature of blockchain technology. Lower costs have removed a huge barrier to entry, and now blockchain solutions can be widely adopted by users and businesses across the board.

See also  Chainlink and Swift's Blockchain Payment Integration Reaches Production Readiness

The year is 2024, the year that saw the resurgence of blockchain adoption, but amid intensified regulatory scrutiny and global economic uncertainty. The ecosystem has shown resilience in the face of various obstacles, leading to significant usage and adoption across industries.

2024 in a summary:

In 2024, several aspects of blockchain and cryptocurrency were changed; that was when Bitcoin (BTC) hit an all-time high and the approval of eleven new Spot Bitcoin ETFs and nine Spot Ether ETFs, all clear indications that digital currencies were starting to gain acceptance among the mainstream. The highlight was the Empire State Building’s launch of an NFT rewards program, an event that points to the bright future of blockchain technology in commercial real estate and tourism. Politics is starting to recognize the weight of digital assets with Trump’s $4 million in campaign funding from the cryptocurrency sector. These events will pave the way for greater adoption in 2024, including major anticipated regulatory changes planned for 2025.

Read more: Bitcoin ETFs are seeing tepid inflows, while Ether ETFs are rebounding strongly



Source link

Adoption Milestone OnChain Record sets Transaction Trillion
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Smarter athlete data via PSG Labs and Joint Innovation Studio

2025-05-21

Bitcoin -Posts record daily and weekly closes – is a breakout on your hands?

2025-05-21

Sahara AI launches Siwa Testnet to authorize decentralized AI builders

2025-05-21

WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

2025-05-21
Add A Comment

Comments are closed.

Top Posts

Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps

2023-08-18

Crust Files and Oasis work together for an improved privacy and storage experience

2023-11-08

The 20 Most Expensive and Famous NFT Sales of All Time

2023-06-13
Editors Picks

King Crypto’s worst week leaves investors reeling at nearly $35,000

2024-01-15

XRP Price New Rise: Bulls Get Ready for Action

2024-12-24

Arbitrum: Of Inscriptional frenzy and blackouts

2023-12-19

Hong Kong’s trade body is calling for cryptocurrency self-regulation amid global scrutiny

2024-04-22
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

According to Senator Hagerty, these crypto entities will be the biggest holders of American treasury in the world

Smarter athlete data via PSG Labs and Joint Innovation Studio

Bitcoin -Posts record daily and weekly closes – is a breakout on your hands?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,689.501.49%
  • ethereumEthereum(ETH)$2,554.231.89%
  • tetherTether USDt(USDT)$1.000.06%
  • rippleXRP(XRP)$2.350.58%
  • binancecoinBNB(BNB)$654.701.77%
  • solanaSolana(SOL)$169.292.15%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2273013.47%
  • cardanoCardano(ADA)$0.764.65%
  • tronTRON(TRX)$0.271590-0.47%
  • suiSui(SUI)$3.881.20%
  • chainlinkChainlink(LINK)$16.183.73%
  • avalanche-2Avalanche(AVAX)$22.813.47%
  • stellarStellar(XLM)$0.2905803.13%
  • hyperliquidHyperliquid(HYPE)$26.702.02%
  • shiba-inuShiba Inu(SHIB)$0.0000153.01%
  • hedera-hashgraphHedera(HBAR)$0.1960931.46%
  • unus-sed-leoUNUS SED LEO(LEO)$8.811.22%
  • bitcoin-cashBitcoin Cash(BCH)$398.282.76%
  • the-open-networkToncoin(TON)$3.061.17%
  • polkadotPolkadot(DOT)$4.713.60%
  • litecoinLitecoin(LTC)$95.572.81%
  • moneroMonero(XMR)$363.263.66%
  • bitget-tokenBitget Token(BGB)$5.160.55%
  • piPi(PI)$0.8212.16%
  • pepePepe(PEPE)$0.0000147.66%
  • daiDai(DAI)$1.000.04%
  • ethena-usdeEthena USDe(USDE)$1.000.05%
  • uniswapUniswap(UNI)$6.298.48%
  • aaveAave(AAVE)$256.44-1.96%
  • bittensorBittensor(TAO)$417.980.55%
  • nearNEAR Protocol(NEAR)$2.833.92%
  • aptosAptos(APT)$5.192.40%
  • okbOKB(OKB)$52.110.72%
  • ondo-financeOndo(ONDO)$0.952.43%
  • kaspaKaspa(KAS)$0.111402-0.45%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.449.58%
  • ethereum-classicEthereum Classic(ETC)$18.633.01%
  • internet-computerInternet Computer(ICP)$5.263.01%
  • gatechain-tokenGateToken(GT)$21.581.07%
  • crypto-com-chainCronos(CRO)$0.0969251.04%
  • mantleMantle(MNT)$0.740.60%
  • vechainVeChain(VET)$0.0286224.56%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2333582.31%
  • render-tokenRender(RENDER)$4.682.83%
  • ethenaEthena(ENA)$0.3920116.63%
  • usd1World Liberty Financial USD(USD1)$1.000.10%
  • algorandAlgorand(ALGO)$0.2274934.24%
  • arbitrumArbitrum(ARB)$0.4012773.63%
  • filecoinFilecoin(FIL)$2.893.17%
  • bitcoinBitcoin(BTC)$106,689.501.49%
  • ethereumEthereum(ETH)$2,554.231.89%
  • tetherTether USDt(USDT)$1.000.06%
  • rippleXRP(XRP)$2.350.58%
  • binancecoinBNB(BNB)$654.701.77%
  • solanaSolana(SOL)$169.292.15%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2273013.47%
  • cardanoCardano(ADA)$0.764.65%
  • tronTRON(TRX)$0.271590-0.47%
  • suiSui(SUI)$3.881.20%
  • chainlinkChainlink(LINK)$16.183.73%
  • avalanche-2Avalanche(AVAX)$22.813.47%
  • stellarStellar(XLM)$0.2905803.13%
  • hyperliquidHyperliquid(HYPE)$26.702.02%
  • shiba-inuShiba Inu(SHIB)$0.0000153.01%
  • hedera-hashgraphHedera(HBAR)$0.1960931.46%
  • unus-sed-leoUNUS SED LEO(LEO)$8.811.22%
  • bitcoin-cashBitcoin Cash(BCH)$398.282.76%
  • the-open-networkToncoin(TON)$3.061.17%
  • polkadotPolkadot(DOT)$4.713.60%
  • litecoinLitecoin(LTC)$95.572.81%
  • moneroMonero(XMR)$363.263.66%
  • bitget-tokenBitget Token(BGB)$5.160.55%
  • piPi(PI)$0.8212.16%
  • pepePepe(PEPE)$0.0000147.66%
  • daiDai(DAI)$1.000.04%
  • ethena-usdeEthena USDe(USDE)$1.000.05%
  • uniswapUniswap(UNI)$6.298.48%
  • aaveAave(AAVE)$256.44-1.96%
  • bittensorBittensor(TAO)$417.980.55%
  • nearNEAR Protocol(NEAR)$2.833.92%
  • aptosAptos(APT)$5.192.40%
  • okbOKB(OKB)$52.110.72%
  • ondo-financeOndo(ONDO)$0.952.43%
  • kaspaKaspa(KAS)$0.111402-0.45%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.449.58%
  • ethereum-classicEthereum Classic(ETC)$18.633.01%
  • internet-computerInternet Computer(ICP)$5.263.01%
  • gatechain-tokenGateToken(GT)$21.581.07%
  • crypto-com-chainCronos(CRO)$0.0969251.04%
  • mantleMantle(MNT)$0.740.60%
  • vechainVeChain(VET)$0.0286224.56%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2333582.31%
  • render-tokenRender(RENDER)$4.682.83%
  • ethenaEthena(ENA)$0.3920116.63%
  • usd1World Liberty Financial USD(USD1)$1.000.10%
  • algorandAlgorand(ALGO)$0.2274934.24%
  • arbitrumArbitrum(ARB)$0.4012773.63%
  • filecoinFilecoin(FIL)$2.893.17%