Crypto market surged to $3.9 trillion record market cap as Solana’s revenue plunged 90% in December: Binance

  • The crypto market capitalization rose to $3.9 trillion in December, fueled by market optimism and strong institutional adoption.
  • Binance analysts suggest that rising market optimism alongside anticipation for a pro-crypto government could expand DeFi growth in January.
  • Solana’s on-chain revenue plunged by 50% in December.

In a report on Monday, Binance Research stated that the crypto market reached a market capitalization milestone of $3.9 trillion in December. The researchers suggest anticipation surrounding Donald Trump’s upcoming pro-crypto administration could stretch the bullish momentum in the coming weeks.

Crypto market cap surged to $3.9 trillion in December

In its latest report, Binance Research…

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