2024 Crypto Champions | BitPay

For the past few weeks, you rallied behind your favorite coins, buying, spending, and using your crypto! Now the moment is finally here and its time to crown the winners of the 2024 Crypto Champions!

Final medal count

The Crypto Champions series concluded with Bitcoin (BTC) dominating, claiming an impressive 9 total medals, including 6 golds. Ether (ETH) followed with a solid 6 medals, excelling in the silver and bronze categories. Litecoin (LTC) made its mark with 4 medals, including a gold, while both USD Coin (USDC) and Tether (USDT) showcased their strength with 4 and 3 medals respectively.

Winners by category

Most Overall Transactions

Litecoin (LTC), Bitcoin (BTC), and Ethereum (ETH) led the way in overall transactions, showcasing their high utility and frequent use in the cryptocurrency ecosystem.

Most Transaction Volume

Bitcoin (BTC), USD Coin (USDC), and Tether (USDT) topped the charts for transaction volume, indicating their massive influence and widespread use in the cryptocurrency market.

Most Frequently Bought

Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH) emerged as the most frequently bought cryptocurrencies, demonstrating their strong appeal among buyers.

Most Wallets Created

Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) led the way in wallet creation, showing significant growth in new user adoption across the board.

Most Bills Paid

Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC) stood out as the top cryptocurrencies for bill payments, reflecting their strong utility in everyday transactions.

Most Gift Cards Bought

Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH) were the top choices for purchasing gift cards, highlighting their popularity for everyday spending.

Most Swaps

Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) were the most swapped-for cryptocurrencies, reflecting their high demand in swapping activities.

Highest Average Transaction Value

USD Coin (USDC), Tether (USDT), and Bitcoin (BTC) recorded the highest average transaction values, reflecting their significant role in large-scale transfers and high-value transactions.

Single Highest Transaction Value

USD Coin (USDC), Bitcoin (BTC), and Tether (USDT) each recorded the single highest transactions, highlighting their significant role in large-scale financial movements within the cryptocurrency market.

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• Source: https://bitpay.com/blog/2024-crypto-champions/