<ul><li>The cryptocurrency industry witnessed explosive growth in 2024, with Bitcoin leading the market.</li><li>Five major trends reflect the shift in the crypto market: the rising dominance of Bitcoin, the surge in meme coins on the Solana network, the decline in Ethereum network fees, the resurgence of decentralized finance (DeFi), and the growth of new projects.</li><li>Bitcoin's dominance in the market reached its highest level in over three and a half years, driven by the approval of spot exchange-traded funds and Trump's success in the presidential elections.</li><li>The meme coin market experienced unprecedented growth, with the introduction of Solana-based launchpad Pump.fun as a catalyst.</li><li>Decentralized finance (DeFi) saw a resurgence, with fresh capital flowing into protocols and projects, resulting in the highest aggregate market cap since early 2022.</li></ul>

Crypto And Bitcoin Go Mainstream In 2024: Here Are 5 Major Trends

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