The crypto market is experiencing a significant resurgence, as highlighted in the Bybit 2024 Institutional Industry Report alongside Treehouse.

This analysis reveals a notable increase in global adoption and integration with the traditional finance sector, with the cryptocurrency market capitalisation soaring to $2.5 trillion over the previous six months.

This growth is indicative of widespread enthusiasm and confidence in the potential of digital currencies, further propelled by a spike in venture capital funding within tech sectors related to blockchain and crypto innovations.

This trend suggests a bullish outlook among institutions toward alternative blockchain chains and the broader technological landscape surrounding digital assets.