[Analysis: Despite a sluggish sentiment in the crypto market at the beginning of 2026, data shows significant growth compared to the previous cycle] Deep Tide TechFlow reports, on February 24, CryptoQuant analyst Maartunn stated that although the cryptocurrency market experienced low sentiment at the start of 2026, the market capitalization of stablecoins has reached $300 billion, a sixfold increase compared to 2020, with weekly trading volume doubling to $60 billion. Bitcoin's performance this year has lagged behind the S&P 500 and gold, despite the approval of ETFs. Ethereum continues to dominate the stablecoin market, but BNB Chain's year-on-year growth of 133% stands out the most. In 2025, BNB Chain's DEX trading volume grew by 100%, accounting for 30% of the DEX market in July, surpassing ETH and SOL. User scale has significantly increased compared to the previous cycle, with Solana achieving 4.1 million daily active users and BNB Chain reaching 1.9 million.