The overall market capitalization of cryptocurrencies increased by 2.8% in October 2024, driven by BTC inflows and positive US employment statistics.Solana demonstrates momentum in DeFi with a 13.4% increase in total value locked (TVL) and 90.6% of all token launches.NFT market shows resilience with a 15.8% increase in monthly trading volume, while memecoins account for over 12% of top 50 cryptocurrencies.Rising application revenues suggest a shift towards application-level income in the cryptocurrency industry.