Chainalysis Announces the Largest Cryptocurrency Market

According to data shared by blockchain analysis firm Chainalysis, North America represents the largest cryptocurrency market in the world.

According to the information disclosed by Chainalysis, a total of Cryptocurrency worth $1.2 trillion sent. This is the total value worldwide It corresponds to 24.4%.

A large part of this mobility comes from the world’s first from USA is coming. This transaction volume worldwide in seventh place Positioned in Canada also contributes.

The cryptocurrency market in North America is largely through corporate transactions comes to the fore. Transaction volume across the region 76.9% of transactions with a value of at least $1 million It creates.

in the region decentralized finance (DeFi) Its use has decreased significantly over the past year. According to the Chainalysis team, this is similar to what the market experienced last year. “from the mess” It may be due.

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