According to a new report, a total of $15.41 billion was added to the cryptocurrency markets in 2018 in the form of newly created asset value.
It is the crypto-analysis company Diar that recently released a report on newly created value in the crypto markets. The report shows that a total of $15.41 billion in newly created value was added to the crypto markets in 2018.
The value created is also stated to be more than 12 percent of the current market cap for all cryptocurrencies, according to the report.
Newly created tokens were what contributed the most, 4.96 billion dollars, to the newly created value in the crypto markets.
Bitcoin and ethereum also contributed
Through mining and inflation, bitcoin added $2.62 billion to the total market cap in 2018, while ethereum added $1.55 billion.
Also, newly issued so-called “stablecoins” constituted a fairly large part of the added value during last year. These contributed with more than $1.26 billion.
In total, $15.41 billion was added to the total market cap for cryptocurrencies, according to the report.