2024 Crypto Startup Trends Report

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2024 Crypto Startup Trends Reportalliance.xyz
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2024 crypto startup trends report

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Alliance, a crypto accelerator that receives over 3,000 applications a year, reports trends from its application data for 2021 to 2024, with Ethereum still the main chain for startups at roughly two-thirds. Within Ethereum, 59% of startups build on Optimistic rollups such as Optimism, Base and Arbitrum, while Solana rose to 18% after falling to 8% following FTX's collapse. Base grew to more than 28% of startup activity from zero in one year, and Infrastructure, DeFi, Payments and AI x Crypto are rising in popularity, while DAOs and NFTs are declining. Europe (31%), the US and Canada (29%) and Asia (27%) are the top regions, with US and Canada share steadily declining.

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Really liked the geography breakdown. Crypto is the first major tech in the last 30 years that isn't dominated by Silicon Valley, and I am happy to see that decentralization isn't limited to nodes but also to startups' origins.