CoinMarketCap Announces Winners of 2024 Crypto Awards
CoinMarketCap, the leading platform for tracking crypto prices and data, has revealed the winners of its inaugural CMC Crypto Awards event held in 2024. The awards recognize exceptional contributors in the crypto and Web3 space over the past year. The winners were chosen through a combination of online voting, data analysis, and consultations with an expert committee.
Awards Categories
- Crypto of the Year
- Bridge Builder of the Year
- Memecoin of the Year
- Social Influencer to Watch
- Crypto Leader of the Year
- Most Innovative Decentralized Finance (DeFi) projects
Winners of the CMC Crypto Awards 2024
Crypto of the Year: Solana (SOL)
Solana’s native token, SOL, emerged as the Crypto of the Year. SOL has experienced significant growth, with its value increasing by triple digits annually.
Bridge Builder of the Year: BlackRock
BlackRock, the world’s largest asset manager, was recognized as the Bridge Builder of the Year. The company made waves in the crypto industry by launching the largest spot Bitcoin exchange-traded fund (ETF).
Memecoin of the Year: Bonk
Bonk, a Solana-based memecoin, received the Memecoin of the Year award. It has seen remarkable gains of over 5,800% in the past year.
Social Influencer to Watch: ZachXBT
ZachXBT, an on-chain sleuth, was named the Social Influencer to Watch. He has been instrumental in identifying and flagging exploits and suspicious activities on various blockchains.
Most Innovative Decentralized Finance (DeFi) Project: Uniswap
Uniswap, one of the largest decentralized exchanges, won the award for Most Innovative DeFi Project. The platform has played a crucial role in advancing decentralized finance.
Other Award Winners
Most Innovative Layer1/Layer2/Cross-Chain Project: Celestia
Celestia, a modular data availability network that simplifies blockchain deployment, received the award for Most Innovative Layer1/Layer2/Cross-Chain Project.
Most Innovative NFT & Gaming Project: Pudgy Penguins
Pudgy Penguins, a collection of digital collectibles that taps into users’ nostalgia, was honored as the Most Innovative NFT & Gaming Project.
Crypto Leader of the Year: Five Winners
The Crypto Leader of the Year category proved challenging to select a single winner due to the significant contributions made by multiple nominees. The winners in this category are:
- Vitalik Buterin – Co-founder of Ethereum
- Changpeng Zhao – Founder of Binance
- Brian Armstrong – Co-founder and CEO of Coinbase
- Ryan Selkis – Founder and CEO of Messari
- Julia Leung – CEO of Hong Kong Securities and Futures Commission
CoinMarketCap Looks Ahead
“We’re excited to make the CMC Crypto Awards even bigger, and with the market looking so bullish, it’s thrilling to imagine the stories we’ll be celebrating next year,” said CoinMarketCap CMO Jonathan Isaac.
Hot Take: Celebrating Crypto Excellence
The CMC Crypto Awards 2024 have recognized outstanding individuals and projects that have played a pivotal role in shaping the crypto and Web3 space. These awards not only celebrate excellence but also highlight the remarkable growth and innovation within the industry. With winners spanning various categories, including cryptocurrencies, influencers, and DeFi projects, the awards showcase the diverse range of contributions to the crypto sector. As the market continues to evolve, it is inspiring to see the impact made by these winners and anticipate future success stories in the years to come.