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a16z: 5 Charts explain why 2020 was a big year for crypto D | 📢 BC Insights

a16z: 5 Charts explain why 2020 was a big year for crypto

DEX Volume grew rapidly
The flippening: Ethereum fees > Bitcoin fees
Rise in Bitcoin & Ethereum addresses
DeFi market cap grew to $15B but is still very small compared to the overall market
DAOs have strong fundamentals, capture value and really took off in 2020

https://twitter.com/a16z/status/1341073770212167683