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Kraken Sep 2022 Report: Silver Lining

Kraken Blog | Oct 6, 2022

Kraken Sep 2022 report cover - Kraken Sep 2022 Report:  Silver LiningHot on the heels of August, September 2022 also trended negatively for cryptoassets overall. Based on market capitalization, all sectors saw negative returns for the month, ranging from -14% to -1%.

Following the overall crypto market trend, NFT market activity also slowed in August. Average daily users and average daily transactions fell -5.7% and -3.1% MoM, respectively. NFT volume also decreased as average daily volume dropped -26.3%. DeFi assets saw mixed returns, ranging from -21% to +27%.

See:  Chainanalysis Breaks Down the White House Framework on Crypto

Are the markets poised for recovery in the coming weeks? Find out in our latest market recap and outlook report as the team explores what happened in September and what lies ahead.

 

Kraken Sep 2022 report 1 - Kraken Sep 2022 Report:  Silver Lining

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NCFA Jan 2018 resize - Kraken Sep 2022 Report:  Silver LiningThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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