Monthly Summary
"Secondary Market Overview": In October, the average daily market value of global blockchain digital assets fell by 11.15%, and the trading volume rose by 18.06%.
"Analysis of Primary Market Financing": Public offering financing continues to be cold. A total of 22 projects have completed public offering, but the total soft cap is only 31.89 million US dollars; equity financing is hot, 30 projects have completed equity financing, with a total financing of over 300 million US dollars.
"On-chain data and Dapp activity analysis": The daily average number of transactions on the Bitcoin chain, the number of active addresses, and the transaction volume on the chain generally fell from the previous month.
"Hot spot of the month": take the blockchain as an important breakthrough for independent innovation of core technologies, and enhance the international discourse power and rule customization power of blockchain research.
At the end of October, favorable policies in the Chinese market boosted market confidence, and BTC led the crypto market, but it was still difficult to "hedge" the relatively sluggish market in the middle and early half of the year. Overall, the average daily market capitalization of digital assets continued to decline in October, but the average daily trading volume rose sharply from the previous month. Specifically, the average daily market capitalization in October fell to US$227.499 billion, a month-on-month decrease of 11.15%; the average daily trading volume rose to US$66.191 billion, an increase of 18.06% month-on-month.
The digital assets of the TOP200 market value are in full bloom, and cloud computing RLC has the largest increase, with a monthly increase of 211.03%.
The overall weekly average market value of Top200 digital assets fell by 9.6% from the previous month. According to the classification of payment currency, general public chain, industry public chain and industry application basic dimensions, the four major fields have generally fallen this month. The largest decline in October was in the field of payment currencies, with a drop of 10.35%.
The financing situation in the primary market is relatively unsatisfactory. Although in terms of quantity, the number of public offering projects reached 22, an increase of 15% month-on-month; but the total soft cap of fundraising has not yet reached 32 million US dollars, a sharp drop of 93% month-on-month. Among them, the financial sector has the largest amount of project financing and the highest soft cap.
Another 30 projects completed equity financing, the number of projects increased by 10% month-on-month, and the total amount of financing exceeded US$300 million.
On-chain data and Dapp activity analysis
In October, the daily average number of Bitcoin active addresses was 600,000, a year-on-year increase of 7%, and a month-on-month decrease of 4.01%; the daily average number of on-chain transactions was 320,000, a year-on-year increase of 30.52%, and a month-on-month decrease of 2.30%; 8.023 billion US dollars, up 45.58% year-on-year, down 16.81% month-on-month.
Data source: https://bitinfocharts.com
In the statistics of the cumulative number of Dapps launched on the three major public chains in October, the proportion of Dapps on the ETH chain continued to decline, while the proportions of EOS and TRX increased.
Data source: https://spider.store
Note: The above data is jointly written by OK Capital and OKEx.
