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Binance Research Monthly Insight Report Highlights Strategic Shifts and Emerging Narratives
- In March, the cryptocurrency market capitalization decreased by 4.4%, following February's correction and external macroeconomic factors.
- President Trump's decision to reinstate 25% tariffs caused unease, resulting in a $1 billion liquidation in the crypto derivatives market.
- April 2025 signifies important industry changes, with evolving regulatory dynamics and on-chain developments reshaping the ecosystem.
- Despite market retreat, Binance Research highlights transformations like decentralized exchanges, meme coins, government actions, and institutional involvement.
- Regulatory advancements, such as the GENIUS Act and OCC guidelines for banks, indicate gradual integration of crypto into traditional finance.
- Bitcoin saw strategic accumulation despite a decline, with the establishment of a Strategic Bitcoin Reserve and growth in Bitcoin DeFi.
- Altcoins like TON, ADA, and BNB demonstrated resilience, with TON attracting significant investments and user growth.
- XRP pursued cross-border opportunities, while Tron maintained its stablecoin dominance despite a slight drop.
- Uniswap faced challenges as its market share decreased, showcasing the rise of competitors like PancakeSwap and Raydium.
- Binance Wallet emerged as a leader in the Web3 wallet space, surpassing 50% market share with new features for retail users.
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