2023 had a lot of major events in the crypto and DeFi space.

2023 had a lot of major events in the crypto and DeFi space. So, presents you a Year in Review for the major happenings this year.

Surge of the market cap, and esp. BTC

- 2023 has been an exceptional year for digital assets, with Bitcoin’s market cap increasing by a peak of +172%.

- The altcoin market cap, excluding stablecoins, rose from about $541 billion in October 2022 to approximately $695 billion in December 2023, reaching a peak growth of +28.2%. Bitcoin holders gained $500b at this year's high.

BRC Tokens on the Rise

BRC-20 tokens are an experimental fungible token standard designed specifically for the #Bitcoin blockchain. They took a significant rise with the rise of @SATS, @ORDI and more

CZ’s four had to step down

Binance founder CZ stepped down from his position as CEO of the prominent crypto exchange after he pled guilty to anti-money laundering charges and violations of U.S. sanctions.

Richard Teng stepped up as the new Binance CEO, promising to comply with global regulations and improve customer service.

Solana rose back from being called ‘dead’, and is unstoppable

$SOL is trading above $100 for the first time since April 2022. solanamobile’s flagship mobile device shipped for the first time — and the community’s excitement led to the phone selling out in December 2023.

Rise of the meme coins

- $BONK and $WIF are taking over the crypto market with record hype and surges.
- Due to these meme coin manias, SolanabDEXs are doing a whopping ~$600M-$1B in daily volumes, flipping even Ethereum!

The Madlads of the Year - MadLadsNFT ofc

In the bustling landscape of NFTs, the Solana-based Mad Lads NFT kept surging to unprecedented heights, marking a significant milestone with its floor price reaching a new all-time high in the realm of Solana’s digital collectibles.

More Crypto Adoption

OpenAI CEO Sam Altman has doubled down on his vision for cryptocurrency project worldcoin, following reports the company was seeking $50 million in funding. As a result, $WLD soared 35% on Sam Altman’s remark

PayPal launched a U.S. dollar-pegged stablecoin called PayPal USD, becoming one of the latest firms to offer customers a stablecoin payment option.

Crypto Airdrops in 2023 Recap: $4.6B in ‘Free Money’

Arbitrum ($1,969M)
Celestia ($728M)
Blur (Airdrop 1) ($446M)
Blur (Airdrop 2) ($372M)
Jito ($312M)
Worldcoin ($182M)
Aidoge ($175M)
Memecoin ($147M)
Pyth Network ($125M)
SPACE ID ($44M)
CyberConnect ($28M)
Arkham ($19M)…

That’s all for our Year in Review for DeFi and Crypto in 2023. We hope you enjoyed this thread and learned something new. Wagmi. What are your predictions for 2024?

Let comments below.