Rankings & Leaderboards

Blockchain Layer-1 (L1) sees rising user activity with 18 million daily active addresses, led by BNB Chain. This trend reflects increased adoption in DeFi, gaming, and on-chain apps, signaling market recovery and innovation in cryptocurrency.

The crypto market has seen a 1.35% rise, reaching a $2.44T capitalization, despite a 21.65% drop in volume. Bitcoin and Ethereum experienced gains, while top gainers included $GPM, $TRUMP, and $PEPE. DeFi TVL and NFT sales also surged, with key purchases and services announced.

Mainstream Perp DEX platforms saw a slight decline in trading volume, while open interest rose. Hyperliquid and Aster led with trading volumes of $7.81 billion and $2.58 billion respectively. Latest trading volume and open interest figures have been updated across all platforms.

Bitmine has significantly increased its Ethereum holdings to 4.66 million ETH, representing 3.86% of the total supply, after purchasing over 65,000 ETH weekly. The company stakes 67% of these holdings, generating substantial revenue while expanding its crypto treasury to $11 billion.

On March 23, SWE-rebench published its latest benchmark rankings, with Claude Opus 4.6 topping the list. This update removed example demonstrations and step limitations, while adding auxiliary evaluation tasks. GLM-5 ranked third among open-source models, with Chinese models collectively occupying four positions.

Bloomberg analyst Eric Balchunas noted that Bitcoin spot ETFs saw net inflows of $2.5 billion this month, approaching to fill the year's funding outflow gap. Despite Bitcoin's price dropping about 40%, investors' willingness to hold remains strong, indicating market resilience.

Golden Finance reported that on March 24, according to Token Terminal data, the combined daily active addresses across Layer 1 blockchains reached 18 million, with BNB Chain ranking first.

# Source: Grayscale Research; Compiled by: Jinse Finance ## Key Points: ----- **2026 Q1 characterized by volatility:** Geopolitical risks and macroeconomic re-pricing drove sharp market swings. **Industry-wide decline:** Returns across six major crypto sectors were negative for the second consecutive quarter, as risk-off sentiment and deleveraging accelerated. **Financial applications and tokenization projects lead:** Supported by institutional adoption and improved regulatory clarity, these projects outperformed the broader market. **AI-related tokens stand out:** With increasing focus on artificial intelligence and clear on-chain financial settlement needs from agents, the AI sector emerged strongly. ## Overall Performance The first quarter of 2026 was another challenging period for the crypto market.

The crypto market shows recovery with a $2.4T capitalization and a notable 1.99% increase. Bitcoin rises by 2.43% and Ethereum by 3.49%. Significant gains are seen in select altcoins, while DeFi and NFT sectors also experience growth.

Bitmine has significantly increased its Ethereum holdings to 4.66 million ETH, representing 3.86% of the total supply, after purchasing over 65,000 ETH weekly. The company stakes 67% of these holdings, generating substantial revenue while expanding its crypto treasury to $11 billion.

Bitmine Immersion Technologies has recently increased its holdings by 65,341 ETH, indicating that the "mini cryptocurrency winter" has come to an end. Since the Iran conflict, Ethereum has performed exceptionally well relative to other assets, surpassing gold by 33 percentage points, and demonstrating a strong "wartime" store-of-value function. Currently, Bitmine holds 4.6 million ETH, and still needs an additional $2.9 billion in investment to reach its 5% portfolio allocation target.

Bitmine Immersion Technologies Chairman Tom Lee stated that the "mini winter" in the crypto market is ending. The company has been actively purchasing ETH recently, with current holdings exceeding 4.6 million coins, representing 3.86% of total circulation. The company sees positive signals in market stabilization and the advancement of the CLARITY Act, with ETH up 18% since the Iran conflict.

The market cap of tokenized assets reached $24.6B in January, led by tokenized treasuries and commodities. Treasuries made up 39% of this, while commodities surged due to rising gold prices. Stablecoins contributed to liquidity, with a market cap of $308B.

In the first three months of 2026, DeFi platforms have suffered over $137M in losses from exploits, with Step Finance facing the most significant loss of $27.3M due to a private key compromise. Other notable losses were reported by Truebit, Resolv, and SwapNet.

The DePIN market has shown significant growth, led by $TAO with $2.3B in weekly trading volume. Other notable tokens include $WMTX and $RENDER, indicating rising investor interest in DePIN projects. $SKR ranks lowest with $56M volume.

Gate News report: On March 23rd, according to DeFiLlama data, Mantle DeFi TVL surpassed $755 million, with growth exceeding 230% over six months. The data shows that Mantle has surpassed Avalanche, Sui, and several other mainstream protocols in terms of total DeFi total value locked.

Recently, BNB's market capitalization surpassed XRP's, regaining its position as the fourth-largest cryptocurrency in the world, with a current market value of approximately 85.9 billion USD. Although XRP's trading volume is higher than BNB's, BNB maintains its market cap advantage due to its stable price. The two are in fierce competition, with market attention focused on their price trends and trading volume changes, and their rankings could shift rapidly.

Boyaa Interactive International plans to purchase up to $70 million in cryptocurrency within the next year, leveraging idle funds during market downturns. If approved by shareholders, this move will expand its crypto vault to nearly $3 billion, further strengthening its competitive position in the Asia-Pacific region. The company aims to invest in mainstream crypto tokens with high market capitalization and strong liquidity, while closely integrating its cryptocurrency reserves with its Web3 gaming business.

Boyaa Interactive International plans to invest up to $70 million in cryptocurrency to strengthen its position in the Web3 gaming sector, pending shareholder approval. This investment will add to its nearly $3 billion portfolio, prioritizing highly liquid assets.