Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

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Footprint
2 years ago
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The development of the encryption market is slowing down, and the competition of public chains is fierce. Terra wants to compete with Binance.

Footprint Analytics Analyst: grace

Data Source: Footprint Analytics December Monthly Report Dashboard

Following the comprehensive breakthrough growth in all fields of the encryption market in November, the growth of the encryption market gradually slowed down in December.DeFi The total lock-up volume (TVL) of the platform failed to break through 300 billion US dollars, but fell to 270.69 billion US dollars, a decrease of 5.23% from the previous month. BTC and ETH once had a flash crash, and the NFT trading market increased slightly. Next, fromFootprint AnalyticsData to analyze in detail the overall situation of the encryption market in December.

BTC and ETH crashed, falling by more than 20%

Footprint AnalyticsData shows that the price of BTC fell from $57,179 to $46,472 in December, a drop of 23%. The highest daily trading volume in the month was $57.7 billion. As of December 31, BTCs Market Cap was $8.8 trillion. The price of ETH fell from $4,592.82 to $3,695.60, down 24.2%. The highest daily trading volume in the month was $40.3 billion. As of December 31, ETHs Market Cap was $4.4 trillion.

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Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics - Price & Trading Volume of BTC 

Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics - Price & Trading Volume of ETH 

DeFi month-end TVL decreased by 5.23% month-on-month

In December, affected by the downturn in the cryptocurrency market, from Footprint Analytics image description

Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics - TVL of DeFi 

Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics - TVL of Categories Change  

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Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics - TVL by Protocols

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Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics -  Market Share of TVL For Chains

On December 20-27,TerraTVL once surpassed Binance and became the second largest public chain. On the 28th, Binance overtook and regained second place. Terra was able to counter the trend and increase despite the decline in TVL of mainstream public chains, mainly due to the Anchor for Lending and Lido for Staking on its chain. For a detailed introduction to Terra, see image description

Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics -  TVL by Chain For Binance&Terra

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Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics - Top 5 TVL Growth Rate For Chains

Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics - TVL of Aurora 

NFT trading volume returned to positive for the first time since August, an increase of 0.78%

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Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics - NFT: Monthly Trading Volume

The increment is mainly affected by some collectibles on Ethereum and the virtual land sale of Metaverse. fromFootprint AnalyticsJudging from the NFT trading volume in the past 7 days, Doodles, which was sold publicly and attracted a large number of users, increased by 84%, Mutant Ape Yacht Club, a mutant boring ape, increased by 39%, and virtual landThe Sandbox image description

Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics - NFT Top 30 D7 Growth Rate

Investment institutions not only invest in popular DeFi and NFT, but also prefer Web3

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Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics - Funding-Monthly Investment Trend 

Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics - Funding-Monthly Investment by Category 

Financing is still in the early stage, mostly seed rounds

Summary of the month

Footprint Encryption Monthly Report: Who can secure the second place in the public chain between Binance and Terra?

Footprint Analytics - Funding-Fundraisig Rounds(2021)

Summary of the month

In December, the development of the encryption market slowed down and entered a dormant period. The prices of mainstream cryptocurrencies fell. The price of BTC fluctuated between 40,000 and 50,000 US dollars, and the price of ETH fluctuated between 3,000 and 4,000 US dollars. DeFi’s TVL was $270.69 billion, slightly lower than November’s TVL. NFT rebounded slightly, and Mutant Ape Yacht Club, Capsule, and The Sandbox all contributed to the increase in trading volume.

The public chain Terra and Binance compete for the second position of the public chain. Investment institutions are still relatively interested in the DeFi and NFT fields, and more funds flow to the Web3 field. Whether the Web3 field can help the new development of the encryption market in 2022, and who will take the second place in the public chain, let us wait and see.

policy current affairs

policy current affairs

  • South Korean crypto exchanges expected to ban transfers to unverified wallets after March 25 next year

  • Courts in multiple places in China ruled that Bitcoin and other virtual currency related transaction contracts are invalid

  • Türkiyes central bank to ban purchases of goods and services with cryptocurrencies

  • Dubai World Trade Center to become cryptocurrency regulator

  • financing

financing

  • Blockchain analytics firm TRM Labs closes $60 million Series B round

  • Loot Squad, the blockchain game trade union, completes a $5 million seed round of financing

  • NFT mortgage lending platform Arcade completes $15 million in Series A financing

  • Avalanche Ecosystem Accelerator Colony Closes $18.5M in Funding

  • public chain

public chain

  • Ethereum Launches First Public Testnet for Full Upgrade to Proof-of-Stake

  • Binance Smart Chain: BEP95 real-time BNB burning mechanism has been activated

  • Kava 9 testnet is online, IBC has been integrated and Cosmos ecological assets cross-chain support

  • Optimism cancels the whitelist and will fully open the right to deploy applications

  • Web3 content delivery network AIOZ Network has been launched on the main network

DeFi

  • The Sandbox plans to migrate to Polygon in 2022 and launch DAO

  • The cross-chain protocol Anyswap officially changed its name to Multichain, starting a new cross-chain journey

  • GameFi project Tap Monster renames to PunkMonster

  • Constitution DAO permanently relinquishes access to multisig

  • The total value of encryption artist Pak surpasses Beeple and ranks first

NFT

  • NFT Market Mintable Launches NFT Layer 2 Solution Immutable X

  • The total transaction volume of NFT market OpenSea exceeded 12 billion US dollars, a record high

  • On December 14, the daily trading volume of OpenSea exceeded 150 million US dollars, a new high since September 16

  • Sothebys to make $100 million from NFT sales in 2021

  • stable currency

stable currency

  • Coinbase begins to connect to DeFi protocols, initially supporting the stablecoin DAI

  • Stablecoin Supply Soars 388% in 2021, Driven by DeFi and Derivatives

  • The issuance of the US dollar stablecoin USDC exceeded 40 billion US dollars, a record high

  • Tether issued an additional 1 billion USDT on the wave field blockchain

  • security incident

security incident

  • The NFT project Monkey Kingdom was attacked by phishing and lost about $1.3 million

  • Rug Pull occurred in METADAO, the loss is about 3.25 million US dollars

  • Visor Finance was attacked by DeFi hackers and lost more than $8.2 million

  • Grim Finance Suffers Over $30 Million in Flash Loan Attack

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About Footprint Analytics:

Footprint Analytics is a one-stop visual blockchain data analysis platform. Footprint assisted in solving the problem of data cleaning and integration on the chain, allowing users to enjoy the zero-threshold blockchain data analysis experience for free. Provide more than a thousand tabulation templates and a drag-and-drop drawing experience, anyone can create their own personalized data chart within 10 seconds, easily gain insight into the data on the chain, and understand the story behind the data.

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The above content is only a personal opinion, for reference and communication only, and does not constitute investment advice. If there are obvious understanding or data errors, feedback is welcome.

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