Crypto market cap hits $3.5t on surging institutional demand 

The global market capitalization of cryptography exceeded 3.5 billions of dollars, driven by an increase in institutional interest for bitcoin and developments through the wider digital asset ecosystem.

According to a report From the analysis company on the Sentora chain (formerly Intothebloc), the wave is attributed to the increase in the institutional allowance in Bitcoin (BTC), alongside notable rebounds in decentralized finance and stable sector.

Challenge ready Volumes have returned to $ 30 billion, while the capitalization of Stablescoin has climbed 56% in the past year.

Stablecoin developments

Sentora highlighted a change in the composition of the Stablescoin market, stressing that traditional financing players are gaining ground.

Tokens like Société Générale’s EURCV, Paypal’s Pyusd, JPM Coin, and A dollar token From Bank of America, among “banking quality” participants, expanding their footprint on the Stablecoin market of $ 250 billion.

Regulatory clarity also plays a role. Sentora noted that the new American Federal Stablecoin legislation – called Genius Act – and a successor to the Fit 21 law should be introduced in 2025.

Follow up dry advice And the CFTC could allow the regulated bank guard of digital assets and introduce formal DEFI monitoring frames by 2027.

The confluence of institutional demand and an evolutionary regulatory landscape seems to prepare the way for a more mature and structured crypto market in the years to come.