Data: In December 2024, the transaction volume of stablecoins on the chain increased by 20.3%, reaching a new high, and BTC miners' income increased by 18.9%.

PANews reported on January 3 that according to a post by The Block's research director @lars0x, multiple crypto market indicators hit record highs in December 2024, and the adjusted total on-chain transaction volume fell 5.9% to $670 billion (BTC: -5.4%, ETH: -6.9%). The adjusted on-chain transaction volume of stablecoins increased by 20.3% to a new high of $1.41 trillion, and the issued supply increased by 1.7% to a new high of $170 billion, of which USDT accounted for 79.2% and USDC accounted for 18.3%.

BTC miner revenue grew 18.9% to $1.44 billion in December, while ETH staker revenue grew 30.2% to $342 million. A total of 47,064 ETH were destroyed in December, equivalent to $174.4 million. Since the implementation of EIP-1559 in early August 2021, a total of 4.53 million ETH have been destroyed, equivalent to $12.8 billion. Monthly NFT market volume on Ethereum grew 350.7% to $884.8 million, primarily due to the launch of the Pudgy Penguins token and OpenSea's token preview.

Legal CEX spot volume increased 6.8% to $2.01 trillion in December, with net monthly flows of +$4.6 billion for all BTC spot ETFs. Bitcoin futures open interest decreased by 9.4%, while Ethereum futures open interest increased by 0.5% to a new high. BTC monthly futures volume decreased by 7.4% to $1.96 trillion. CME Bitcoin futures open interest decreased by 12.4% to a new high of $17.6 billion (ADV increased by 3.1% to $10.14 billion, a new high). ETH futures monthly volume increased by 9.6% to $1.03 trillion. Bitcoin options open interest decreased by 36%; Ethereum options open interest decreased by 30.2%. BTC monthly options volume decreased by 28.4% to $79.5 billion, while ETH monthly options volume increased by 5.6% to $23.1 billion).