KEYTAKEAWAYS
- Bitcoin Network Transaction Volume Exceeds $19 Trillion in 2024, More Than Double 2023's Figure
- Polkadot Releases 2025 Roadmap, Aims to Make DOT a Universal Fee Token
- Ai16z Considers Token Economics Changes, May Launch L1 Blockchain
CONTENT
Latest crypto updates: Bitcoin Network Transaction Volume Exceeds $19 Trillion in 2024, More Than Double 2023’s Figure. Polkadot Releases 2025 Roadmap, Aims to Make DOT a Universal Fee Token. AI16z Considers Token Economics Changes, May Launch L1 Blockchain.
BITCOIN NETWORK TRANSACTION VOLUME EXCEEDS $19 TRILLION IN 2024, MORE THAN DOUBLE 2023’S FIGURE
In 2024, the Bitcoin network processed BTC transactions worth over $19 trillion, more than double the $8.7 trillion recorded in 2023. This surge marks a significant reversal after two consecutive years of declining transaction volumes since 2021. During the 2021 bull market, Bitcoin transaction volume peaked at $47 trillion but dropped sharply in the following two years.
Analysis:
This reflects a substantial increase in users’ trading activity during the crypto bull market. Over the past three months, trading volumes for numerous cryptocurrencies have surged significantly, with strong performance from tokens representing MEME, AI, and RWA concepts. On January 6th, the crypto market’s daily trading volume reached $90.87 billion.
POLKADOT RELEASES 2025 ROADMAP, AIMS TO MAKE DOT A UNIVERSAL FEE TOKEN
Parity Technologies, Polkadot’s parent company, has released Polkadot’s 2025 roadmap, which includes upgrading cross-chain messaging and promoting DOT as a universal fee token. Key highlights include: smart contract modules, Asset Hub adding support for EVM and Solidity, and PVM offering lightweight, secure, and scalable solutions. For elastic scaling, Polkadot will use multi-core architecture to increase capacity and meet growing on-chain demands. XCM v5 will upgrade cross-chain messaging to enhance interoperability. In the future, Polkadot and all Rollups will use a single address for improved simplicity and efficiency. DOT unlock waiting times will be reduced, and DOT will serve as a universal fee token, supporting fee payments in Rollups. JAM SDK provides developers with new tools for easily building scalable services. SAFROLE technology implements zkSNARK technology for block production to optimize performance.
Analysis:
In his 2024 annual summary, Polkadot founder Gavin Wood stated that Polkadot has entered a watershed period, with core objectives shifting from implementing whitepaper product goals to optimization and stability improvements to better meet market demands. Technologically, Polkadot made several major advances in 2024, with ecosystem projects like Mythical Game pushing performance limits. Additionally, Gavin proposed a Proof-of-Personhood mechanism aimed at addressing the threats of generative AI to the free world, providing reliable identity solutions through ZK technology, planned for launch in 2025.
Currently, elastic scaling, considered the final piece of Polkadot 2.0, is undergoing early testing on the Kusama network, with the official version of Polkadot 2.0 expected to launch in Q1 2025, bringing more flexible and efficient scaling capabilities to the ecosystem. Reportedly, Elastic Scaling is a key feature of Polkadot 2.0, supporting multiple cores for individual parachains to scale network performance.
AI16Z CONSIDERS TOKEN ECONOMICS CHANGES, MAY LAUNCH L1 BLOCKCHAIN
AI agent platform ai16z is exploring adjustments to its token economics and potentially launching its own L1 network. The team has held initial discussions with contributors to enhance token value accumulation. This includes staking mechanisms offering token holder benefits such as early access to new features and platform fee sharing. Additionally, ai16z may consider launching an L1 blockchain tailored for AI applications. ai16z’s latest governance considerations include phased reforms to its token economics, with plans to launch a token Launchpad similar to pump.fun in Q1 2025.
Analysis:
Ai16z (AI16Z) is an AI-focused venture DAO token developed on Solana. With its unique governance structure and effective Abstract plugins, ai16z is carving out its territory in the crypto world. ai16z stands out among AI agent projects through several key highlights:
- Automated Trading: AI agents utilize ai16z-managed assets to execute precise trading strategies. AI agent Marc’s decisions are influenced by partners.
- Reliable Market: AI Marc assigns trust scores to interacting users, enabling reliable orderbook management through multiple conversations.
- Wide Coverage: All interactions collected by AI Marc, whether from Telegram or X conversations, feed into the data storage system, continuously enhancing its analysis and prediction capabilities.
AI16z’s proprietary technology Eliza’s success has powered most of the 2025 crypto xAI alliance DAO startups, widely regarded as the “Y Combinator of cryptocurrency.” With growing retail and institutional investor interest in AI agent-related blockchain projects, this will drive AI16Z’s future growth.
▶ Buy Crypto at Bitget
CoinRank x Bitget – Sign up & Trade to get $20!
