{"id":34944,"date":"2021-01-18T20:14:08","date_gmt":"2021-01-18T18:14:08","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=34944"},"modified":"2025-08-28T22:58:57","modified_gmt":"2025-08-28T19:58:57","slug":"coingecko-top-30-cryptocurrencies-rose-on-average-by-308-in-2020","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/coingecko-top-30-cryptocurrencies-rose-on-average-by-308-in-2020\/","title":{"rendered":"CoinGecko: Top-30 cryptocurrencies rose on average by 308% in 2020"},"content":{"rendered":"<p>The year 2020 proved far better for long-term investors than the previous one. The market capitalization of the top-30 cryptocurrencies rose by 308%, <a href=\"https:\/\/www.coingecko.com\/buzz\/2020-coingecko-yearly-crypto-report?utm_source=twitter&#038;utm_campaign=2020-Yearly-Report&#038;utm_medium=social&#038;0=\" target=\"_blank\" rel=\"noopener noreferrer\">according to a CoinGecko report<\/a>.<\/p>\n<p>The performance of the 30 most capitalised cryptocurrencies over the past year was five times higher than in 2019 (308% vs 62%). Portfolios containing DeFi protocol tokens gained an average of 718%.<\/p>\n<p>The combined market capitalization of top-30 crypto assets in 2020 rose by $552 billion. Among the five largest coins, Bitcoin performed the best, rising roughly fourfold (vs 95% in 2019). Ethereum fared even better, its price up 472% after near-flat movement over the previous 365 days.<\/p>\n<div id=\"attachment_122373\" style=\"width: 634px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-122373\" class=\"wp-image-122373 size-full\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-394.png\" alt=\"CoinGecko: In 2020, top-30 cryptocurrencies rose on average by 308%\" width=\"624\" height=\"318\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-394.png 624w, https:\/\/u1f987.com\/wp-content\/uploads\/1-394-300x153.png 300w\" sizes=\"auto, (max-width: 624px) 100vw, 624px\" \/><\/p>\n<p id=\"caption-attachment-122373\" class=\"wp-caption-text\">Source: CoinGecko.<\/p>\n<\/div>\n<p>Bitcoin\u2019s dominance index rose by 0.9 percentage points to 73.7%. Ethereum\u2019s share of total market capitalization increased by 3.6 percentage points to 11.5%.<\/p>\n<p>Tether (USDT) also extended its market share\u2014from 2.4% to 2.9%, while the weight of other top-8 coins declined. The debut of <a href=\"https:\/\/u1f987.com\/en\/news\/polkadot-founder-condemns-binance-and-kraken-for-rushed-listing-of-dot-tokens\">Polkadot (DOT)<\/a> accounted for around 1.2% of total capitalization.<\/p>\n<div id=\"attachment_122374\" style=\"width: 590px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-122374\" class=\"size-full wp-image-122374\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-361.png\" alt=\"CoinGecko: In 2020, top-30 cryptocurrencies rose on average by 308%\" width=\"580\" height=\"382\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-361.png 580w, https:\/\/u1f987.com\/wp-content\/uploads\/2-361-300x198.png 300w\" sizes=\"auto, (max-width: 580px) 100vw, 580px\" \/><\/p>\n<p id=\"caption-attachment-122374\" class=\"wp-caption-text\">Source: CoinGecko.<\/p>\n<\/div>\n<p>Last year was marked by rapid growth of the stablecoin sector. The supply of USDT increased by 388%, USDC by 652%, DAI by 2698% and BUSD by 397%. The combined capitalization of these tokens, as well as PAX, rose 439% in 2020\u2014from $4.7 billion to $27 billion.<\/p>\n<div id=\"attachment_122375\" style=\"width: 595px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-122375\" class=\"size-full wp-image-122375\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-215.png\" alt=\"CoinGecko: In 2020, top-30 cryptocurrencies rose on average by 308%\" width=\"585\" height=\"324\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-215.png 585w, https:\/\/u1f987.com\/wp-content\/uploads\/3-215-300x166.png 300w\" sizes=\"auto, (max-width: 585px) 100vw, 585px\" \/><\/p>\n<p id=\"caption-attachment-122375\" class=\"wp-caption-text\">Source: CoinGecko.<\/p>\n<\/div>\n<p>The DeFi token segment in 2020 reached 4.6% of the total cryptocurrency market capitalization in September, but by year-end it slid to 2.5% as other coins rose.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"gzk5pHa6v9\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/the-defi-chronicles-of-2020-rapid-growth-challenges-and-institutional-headwinds\">DeFi Chronicles in 2020: rapid growth, problems and hurdles for institutions<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u00ab\u0425\u0440\u043e\u043d\u0438\u043a\u0438 DeFi \u0432 2020 \u0433\u043e\u0434\u0443: \u0441\u0442\u0440\u0435\u043c\u0438\u0442\u0435\u043b\u044c\u043d\u044b\u0439 \u0440\u043e\u0441\u0442, \u043f\u0440\u043e\u0431\u043b\u0435\u043c\u044b \u0438 \u043f\u0440\u0435\u0433\u0440\u0430\u0434\u044b \u0434\u043b\u044f \u0438\u043d\u0441\u0442\u0438\u0442\u0443\u0446\u0438\u043e\u043d\u0430\u043b\u043e\u0432\u00bb \u2014 ForkLog\" src=\"https:\/\/u1f987.com\/exclusive\/hroniki-defi-v-2020-godu-stremitelnyj-rost-problemy-i-pregrady-dlya-institutsionalov\/embed#?secret=b4j6mpWl24#?secret=gzk5pHa6v9\" data-secret=\"gzk5pHa6v9\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>By year\u2019s end, the capitalization of DeFi tokens stood at $20.4 billion, up 4% from the summer peak. Analysts did not rule out a revival of DeFi mania if the Bitcoin dominance index weakens.<\/p>\n<div id=\"attachment_122376\" style=\"width: 648px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-122376\" class=\"size-full wp-image-122376\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/4-130.png\" alt=\"CoinGecko: In 2020, top-30 cryptocurrencies rose on average by 308%\" width=\"638\" height=\"385\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/4-130.png 638w, https:\/\/u1f987.com\/wp-content\/uploads\/4-130-300x181.png 300w\" sizes=\"auto, (max-width: 638px) 100vw, 638px\" \/><\/p>\n<p id=\"caption-attachment-122376\" class=\"wp-caption-text\">Source: CoinGecko.<\/p>\n<\/div>\n<p>DeFi token dynamics in 2020 were uneven. Notable gains came from YFI (+2,788%) and UMA (+2,423%). Tokens SUSHI, MKR, AAVE, UNI and COMP yielded holders less than the market average.<\/p>\n<div id=\"attachment_122377\" style=\"width: 886px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-122377\" class=\"size-full wp-image-122377\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/5-82.png\" alt=\"CoinGecko: In 2020, top-30 cryptocurrencies rose on average by 308%\" width=\"876\" height=\"296\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/5-82.png 876w, https:\/\/u1f987.com\/wp-content\/uploads\/5-82-300x101.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/5-82-768x260.png 768w\" sizes=\"auto, (max-width: 876px) 100vw, 876px\" \/><\/p>\n<p id=\"caption-attachment-122377\" class=\"wp-caption-text\">Source: CoinGecko.<\/p>\n<\/div>\n<p>Analysts compared Bitcoin\u2019s rally with the 2016-2017 bull market when the price of the leading cryptocurrency surged 4,527%. The 303% rise in 2020 surpassed intermediate gains in the previous Bitcoin cycle (+130%).<\/p>\n<div id=\"attachment_122378\" style=\"width: 638px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-122378\" class=\"size-full wp-image-122378\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/6-57.png\" alt=\"CoinGecko: In 2020, top-30 cryptocurrencies rose on average by 308%\" width=\"628\" height=\"404\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/6-57.png 628w, https:\/\/u1f987.com\/wp-content\/uploads\/6-57-300x193.png 300w\" sizes=\"auto, (max-width: 628px) 100vw, 628px\" \/><\/p>\n<p id=\"caption-attachment-122378\" class=\"wp-caption-text\">Source: CoinGecko.<\/p>\n<\/div>\n<p>Experts saw a chance to repeat the four-year-ago dynamic, driven by three catalysts:<\/p>\n<ul>\n<li>increased accessibility \u2014 for example, the addition of <a href=\"https:\/\/u1f987.com\/en\/news\/paypal-launches-bitcoin-buying-and-selling-for-us-users\">PayPal<\/a> to buy and sell crypto;<\/li>\n<li>the ongoing operation of the \u201cprinting presses\u201d (leading global central banks, flooding economies with monetary mass to cushion the COVID-19 shock);<\/li>\n<li>Bitcoin adoption among institutions \u2014 public companies such as <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-invests-another-650-million-in-bitcoin\">MicroStrategy<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/square-invested-50-million-in-bitcoin\">Square<\/a> began adding Bitcoin as a reserve asset in liquidity management.<\/li>\n<\/ul>\n<p>In 2020 Bitcoin performed notably better than traditional-asset indicators. Compared with the Nasdaq Composite, its gain was seven times higher \u2014 303% vs 43%.<\/p>\n<p>Analysts noted the 12-13 March crash, when Bitcoin fell by 35% in a day. Oil prices fell even more in the same period, by 45%.<\/p>\n<div id=\"attachment_122379\" style=\"width: 520px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-122379\" class=\"size-full wp-image-122379\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/7-33.png\" alt=\"CoinGecko: In 2020, top-30 cryptocurrencies rose on average by 308%\" width=\"510\" height=\"384\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/7-33.png 510w, https:\/\/u1f987.com\/wp-content\/uploads\/7-33-300x226.png 300w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/p>\n<p id=\"caption-attachment-122379\" class=\"wp-caption-text\">Source: CoinGecko.<\/p>\n<\/div>\n<p>By year-end, as Bitcoin rose above $29,000, its market capitalization was virtually on a par with Facebook\u2019s value, amounting to 5.6% of the value of all mined gold.<\/p>\n<div id=\"attachment_122380\" style=\"width: 918px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-122380\" class=\"size-full wp-image-122380\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/8-28.png\" alt=\"CoinGecko: In 2020, top-30 cryptocurrencies rose on average by 308%\" width=\"908\" height=\"376\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/8-28.png 908w, https:\/\/u1f987.com\/wp-content\/uploads\/8-28-300x124.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/8-28-768x318.png 768w\" sizes=\"auto, (max-width: 908px) 100vw, 908px\" \/><\/p>\n<p id=\"caption-attachment-122380\" class=\"wp-caption-text\">Source: CoinGecko.<\/p>\n<\/div>\n<p>Earlier ForkLog reported that institutional investors bought over 1 million BTC (~$37 billion).<\/p>\n<p>JPMorgan analysts say that for the rally to continue, Bitcoin must hold above $40,000.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"Xm3m1GOzzo\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/2020-in-numbers-bitcoin-records-the-defi-boom-and-institutional-adoption\">2020 in numbers: Bitcoin records, DeFi boom and institutional adoption<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u00ab2020 \u0433\u043e\u0434 \u0432 \u0446\u0438\u0444\u0440\u0430\u0445: \u0440\u0435\u043a\u043e\u0440\u0434\u044b \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430, \u0431\u0443\u043c DeFi \u0438 \u0438\u043d\u0441\u0442\u0438\u0442\u0443\u0446\u0438\u043e\u043d\u0430\u043b\u044c\u043d\u043e\u0435 \u043f\u0440\u0438\u043d\u044f\u0442\u0438\u0435\u00bb \u2014 ForkLog\" src=\"https:\/\/u1f987.com\/exclusive\/2020-god-v-tsifrah-rekordy-bitkoina-bum-defi-i-institutsionalnoe-prinyatie\/embed#?secret=4HhIf0mgJk#?secret=Xm3m1GOzzo\" data-secret=\"Xm3m1GOzzo\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Follow ForkLog\u2019s news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The year 2020 proved far better for long-term investors than the previous one. The market capitalization of the top-30 cryptocurrencies rose by 308%, according to a CoinGecko report. The performance of the 30 most capitalised cryptocurrencies over the year was five times higher than in 2019 (308% vs 62%). Portfolios containing DeFi protocol tokens gained an average of 718%. The combined market capitalization of top-30 crypto assets rose by $552 billion. Bitcoin led gains among the top five coins; Ethereum surged 472%. Source: CoinGecko.<\/p>\n","protected":false},"author":1,"featured_media":34945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1098,1145,1252],"class_list":["post-34944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-coingecko","tag-market-analysis","tag-reports"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=34944"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34944\/revisions"}],"predecessor-version":[{"id":34946,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34944\/revisions\/34946"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/34945"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=34944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=34944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=34944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}