The median cryptocurrency investor noticed their portfolio develop by $5,482 in 2024, in line with a current report by crypto tax and portfolio monitoring platform CoinLedger.
The examine analyzed information from greater than half 1,000,000 customers, highlighting key tendencies within the digital asset market, together with top-performing tokens and the influence of regulatory adjustments on buying and selling platforms.
Winners and Losers
Based on the report shared with CryptoPotato, SUPER, the native token of the blockchain gaming ecosystem SuperVerse, delivered the very best unrealized good points for buyers. It was intently adopted by Hyperliquid’s HYPE token, indicating rising curiosity in area of interest blockchain tasks.
Knowledge from CoinGecko exhibits that SUPER peaked at about $2.18 in December 2024, having began the yr priced under $0.61. It’s at the moment buying and selling simply above $0.71, exhibiting a 36.2% drop throughout 12 months however a virtually 11% enchancment during the last 24 hours.
On its half, HYPE skilled speedy progress between November 29, when it launched, and December 22, when it hit an all-time excessive of $34.96. Though it registered a 4% uptick within the final 30 days, its worth on the time of writing was nonetheless virtually 30% under its highest-ever degree.
Different cash that made it into CoinLedger’s record of prime gainers embrace Bitcoin (BTC), which has damaged a number of price records within the final two months, Shiba Inu (SHIB), and Render (RENDER).
On the flip facet, the examine exhibits that Ethereum (ETH) and Cardano (ADA) led the pack for the biggest unrealized losses. CoinLedger’s analysts counsel that elevated competitors from blockchains like Solana could have contributed to Ethereum’s underperformance. Polygon’s MATIC, Cosmos (ATOM), and Cronos (CRO) additionally fared poorly.
Holding Patterns and Alternate Preferences
Concerning long-term holdings, the report confirmed that Bitcoin continues to be essentially the most trusted retailer of worth, carrying the crown for the second yr operating. ETH, XRP, and ADA had been additionally widespread decisions for long-term holders.
The survey additionally famous a marked shift in trade desire amongst buyers. Coinbase and Crypto.com pushed apart Binance, which has been the best choice in earlier years, to turn out to be the 2 hottest exchanges amongst crypto buyers.
This modification is most probably because of regulatory challenges Binance confronted in a number of jurisdictions, together with a $4.3 billion settlement with the U.S. Justice Division over accusations of conducting an unlicensed money-transmitting enterprise and failing to take care of an efficient anti-money laundering (AML) program.
The trade’s co-founder, Changpeng Zhao (CZ), additionally served a four-month prison sentence for comparable violations and was pressured to step down from his function as CEO.
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