The article discusses the key developments in the Web3 ecosystem in February 2025. It mentions that the cryptocurrency market experienced a sharp decline of 20.2% due to factors such as a major digital hack and a bearish sentiment in global financial markets. It also highlights the performance of different cryptocurrencies, including Tron, BNB, BTC, ETH, ADA, LINK, DOGE, SOL, SUI, and XRP. The article further discusses the decline in Total Value Locked (TVL) in DeFi and the decline in NFT sales volume. It also mentions upcoming events and token unlocks in March 2025. The article recommends reading the full Binance Research report for more in-depth analysis and further information.



Other News from Today