The Binance Research Monthly International report highlights strategic shifts and emerging novels

• In March, the total market value of the cryptocurrency decreased by 4.4 %, a continuation of February correction.
• Folding more uncomfortable was a controversial decision by President Trump to appoint a 25 % tariff.

April 2025 has entered into a decisive chapter in the coded currency industry, characterized by a precise swing between the forces of the macroeconomic, organizational myths, and advanced dynamics on the chain. While the broader market witnessed a modest decline, deeper analysis Through Binance Research, it reveals a vibrant reshaping of the ecosystem – from decentralized exchanges and coins to strategic government procedures and institutional activity.

A volatile march for encryption markets

In March, the total market value of the cryptocurrency decreased by 4.4 %, a continuation of February correction. The root causes were largely external, related to factors at the total level. It is worth noting that the US Federal Reserve has maintained interest rates, noting the ongoing inflation concerns. This position “waiting and seeing” kept the appetite for the risk subject, which worries the encryption reviews.

Future was more uncomfortable a controversial decision by President Trump to appoint a 25 % tariff, which Canada and Mexico opposed immediately. Their reverse reaction and geopolitical friction that followed the liquidation of one billion dollars in the encryption derivative market – a flagrant reminder of how the weak digital assets of global policy decisions remain.

Organizational progress: a beacon in the storm

However, not everything was depression. On the organizational front, the great progress brought breaths from the fresh air of the sector. The genius law – a comprehensive framework for the regulation of encryption – made progress, which led to the purification of the Senate Banking Committee with the support of the two parties. More importantly, the Currency Observer Office (OCC) issued instructions that allow banks to custody. These moves indicate slow but fixed normalization within the traditional financial system.

The possibility of interest rate discounts later in the year, along with this favorable organizational background, can create fertile ground for a mobilization in the middle of the year.

Bitcoin: Strategic accumulation amid twice the price

Although 2.4 % decreased in March, Bitcoin (BTC) is still in the heart of a strategic axis by the US government. Trump’s executive order was funded to create a mixed bitcoin strategic reserves-while the reserve-proof reserve through BTC is confiscated instead of new purchases, which limits its short-term effect.

However, the data shows that the long -term BTC holders resume accumulation, a sign of confidence in the long -term value of the original. The most persuasive is the growth of Bitcoin Defi (BTCFI), which witnessed an amazing increase of 2767 % in the total closed value (TVL) during the past year. This trend is hinted at a typical seizure where Bitcoin, which is traditionally seen as a negative value of value, is now integral in decentralized financial products.

The most prominent altcoin: Ton, Ada, BNB leads the package

Several altcoins showed flexibility in the broader withdrawal. Toncoin (TON) led a 17.1 % increase, driven by news that VCS such as Sequoia and Benchmark have been purchased more than $ 400 million from the first pregnant women. Its user base exploded, from 4 million to 41 million accounts per year – a great achievement that reflects the increasing benefit and adoption.

Cardano (ADA) also had a moment of glory, and gained 4.4 %, largely on the back of speculation about its inclusion in the stock of the government’s digital assets. The DEFI Environmental System has also grown, as the maximum Stablecoin market exceeds $ 30 million – a milestone for the network often criticized due to the slow pace of development.

Meanwhile, BNB rose by 2.5 %, with the support of the launch of World Liberty Financial USD1 Stablecoin and Blockchain’s dominance in Memecoin. The BNB Solana series has exceeded the Dex size in certain days in March, which reflects its growing jar.

Ripple cross -border and TONS Stablecoin Testament

While XRP has seen a 0.4 % marginal decrease, Ripple has taken strategic steps. A new partnership with Chipper Cash, a major African payment provider, will enable XRP transfers across XRP across nine countries. The legal cloud of its ongoing battle with the SEC is still hanging over the Ripple, but from the operational point of view, the network continues to expand.

Tron (TRX) decreased by 0.8 %, but continued to confirm the domination of the USDT, as it was 78 % of all Tether addresses. The low -graphics of TON and the fast settlement make the preferred network for the transfer of Stablecoin, even if the main addresses are not picked up very much.

Dexier exchange wars (Dex): Uniswap loses the land

Perhaps in one of the most transmitted transformations, the UniWAP share in the market decreased from 45 % last year to only 29 % in March 2025. New competitors – vanquate and ruidium – rapidly be transgressed, benefiting from the incentives of the aggressive ecological system and the user’s experiences better. With the diversity of liquidity fragments and users across chains such as BNB and Solana, the unavaap situation is exposed to a serious threat.

This shift emphasizes a broader shift in the Dex scene, as users are no longer loyal to one platform, but instead follow incentives, speed and original opportunities.

Portfolio wars: Binance wallet takes the crown

March witnessed a dramatic change in Web3 Wallet Arena, where Binance Wallet exceeded the market share by 50 %. After that, after a temporary stop in the OKX Dex Agxator services, which led to a significant deportation of the user. But the dominance of Binance is not only an opportunistic-it has also introduced new features and incentives related to the BNB series activity, making it a portfolio for many retail users.

Since the wallet ecosystems become a critical infrastructure for the Defi, NFTS and Gamefi, the battle for the user on the plane is intensifying. Expect more innovation, support the series across the series, and upcoming armed experiences.

Memecoins: The motorcycle may end

One of the most wonderful novels in 2025 was the Mimikoen obsession on Solana, which focused on the operating pump. But the signs indicate that the noise fades. Since the launch of $ Trump, the weekly metrics have decreased sharply – the volume of 69.9 % decreased, the creation of a 51.8 % icon, and an active portfolio of 45.1 %.

Although Memecoins is unlikely to disappear completely, the decline in the interest of the user indicates that speculative fatigue may be it. Smart money may now be rotated to more beneficial protocols.

The road forward: What do you see in Q2?

With the interest rate cuts remaining on the table, increased organizational clarity, and institutional capital that flows into selected projects, Q2 can pave the way for strong apostasy. However, the risks – from geopolitical tensions to division of the market and excessive regulation in the main areas.

The upcoming upcoming events to monitor include:

• The final vote on the law of genius in Congress.
• Opening the distinctive symbol for many major projects in mid -April.
• Possible US government announcements regarding the formation of digital assets.

In short, April 2025 offers mixed but at the end promising. Defi strategic reorganization, Bitcoin’s high confidence, and the end of Memecoin Supercycle indicates a ripening market. Investors and builders who can adapt to this changing terrain benefit in the coming months.