30s Summary

HTX Ventures’ 2024 report covers last year’s advances and market predictions in Bitcoin, blockchain tech, meme coins, artificial intelligence, and The Open Network (TON) domain. It highlights Bitcoin’s ETF approval and price surge past $100K, significant scaling solutions, the rising popularity and impact of meme coins on Solana’s platform, and TON’s growth across various sectors including DeFi, NFTs, and gaming. Notable is TON’s success with ‘tap-to-earn games’, attracting over a million monthly active users.

Full Article

Check out HTX Ventures’ 2024 wrap-up report, which covers the notable happenings in the Bitcoin world, blockchain tech, meme coins, artificial intelligence, and The Open Network (TON) domain. This report not only looks back at the past year’s advances in these fields but also provides a heads up on market predictions and broader economic trends.

Feel like reading more? You don’t have to pay a dime;
[give the report a download here.](https://s3.cointelegraph.com/Htx-Ventures-2024-Year-In-Review-Report.pdf)

Let’s talk about Bitcoin, the long-time talk of the town. The year started strong with Bitcoin ETFs getting approved and ended on a high note with Bitcoin breaking the $100K mark. If numbers speak to you, Bitcoin rallied from 51.92% to a towering 60.1% before settling at 57.09% recently. Do remember, lots of the liquidity in the crypto market still belongs to Bitcoin.

Bitcoin is not just all like-for-like but also made some meaningful strides in scaling solutions. Tech innovations like spider-chains, zk-Rollups, EVM compatible chains, and Sidechains joined the party in 2024. Fancy stats? The combined worth of the lead 19 Bitcoin layer-2 blockchains zoomed past $2.5 billion.

Now, to the part everyone loves; Memecoins! Proving their strength once again in 2024, they became darlings of the crypto market. They wooed new users with their super-accessible nature and low entry barriers. Solana became the central hub for the memecoin wave this year. Platforms on it like Pump.fun provided user-friendly ways to create tokens and inject funds into decentralized exchanges. As of November 2024, more than 40,000 projects transitioned from Pump.fun to Raydium, resulting in revenues of over 1.17 million SOL (~$200 million.)

Last but not least, The Open Network (TON) saw significant growth in 2024. Spanning across areas from DeFi and memecoins to NFTs and gaming, TON attracted users across various spheres. They also explored making money off social applications using crypto.

In 2024, TON made waves by introducing ‘tap-to-earn’ games which attracted scores of regular web2 users. Notcoin, the first game of this kind on Telegram, gained massive popularity, nearly instantly grabbing over a million monthly active users and found a spot on major exchanges. This success was pivotal for TON’s gaming model, taking the gaming sector into a new phase.

[Immerse yourself in the complete report here](https://s3.cointelegraph.com/Htx-Ventures-2024-Year-In-Review-Report.pdf)

Remember, folks, this is NOT investment advice. Do your homework before making any moves in the investment world. We don’t want to sugar-coat it – investing always comes with some level of risk. This is just some info to keep you updated and is not intended to be financial or legal advice. All views expressed here are solely those of the writer and don’t reflect the views of Cointelegraph. We’re not endorsing any product mentioned here. It’s on you to do your research before making any decisions related to any company or product mentioned.