Highlights from the world of cryptocurrencies in October 2024

Here is a rundown of the top ten events from the cryptocurrency world in October 2024:

1. Chainlink SmartCon 2024: The Chainlink SmartCon conference took place on 30-31 October, bringing together the blockchain sector with traditional finance. The event attracted key industry figures, showcasing the latest innovations in smart contracts.
2. Binance Dubai Blockchain Week: From 30 October to 1 November, Binance Dubai Blockchain Week took place in Dubai. The event brought together industry leaders, promoting the development of early blockchain projects and discussing the future of distributed ledger technology.
3. Celestia token unlocking (TIA): On 30 October, 175.59 million Celestia tokens were unlocked, representing approximately 79.68% of the circulating supply. This event may have affected the token’s price dynamics in the market.
4. Quarterly reports from technology companies: On 30 October, Coinbase, MicroStrategy, Microsoft and Meta, among others, published their financial results for the third quarter of 2024. These reports provided important insights into the financial health of technology and cryptocurrency-related companies.
5. XDay Satellite Event in Munich: On 30 October, the XDay Satellite event was held in Munich, focusing on the topics of tokenisation and Real World Assets (RWA). The event brought together experts discussing the future of tokenisation in the context of real assets.
6. Rebranding Klaytn (KLAY) to KAIA: On 31 October, the Klaytn Project announced the rebranding of its ticker from KLAY to KAIA. The change was intended to refresh the image and better reflect the project’s mission.
7. Unlocking Optimism (OP) tokens: 31 October saw the unlocking of 31.34 million Optimism tokens, representing a significant percentage of the supply in circulation. This event may have affected the liquidity and price of the token in the market.
8. Solana House Krakow: the Solana House event, a gathering for investors, community members and crypto projects, took place in Krakow on 6 October. The event promoted the Solana ecosystem and its development in Poland.
9. Avalanche Summit LATAM: The Avalanche Summit LATAM in Latin America kicked off on 16 October. The conference focused on innovations in the Avalanche ecosystem and its expansion into Latin American markets.
10. Increased interest in DeFi platforms: October 2024 saw a significant increase in interest in decentralised finance (DeFi) platforms. DeFi projects reached their highest ever total blocked values (TVL), confirming the community’s confidence in these innovative systems

Leszko Dalek

For more than 6 years, he has been interested in cryptocurrencies, tokens and blockchain, as well as other modern technologies like artificial intelligence. I have been actively investing for more than 10 years. I have developed hundreds of highly substantive articles and publications for this and many other external portals.