Crypto Weekly Report: Market Cap Rises 5.22%, On-Chain Data Shows Structural Divergence

According to BroadChain, at 19:00 on April 20, as reported by PANews, the global cryptocurrency market capitalization reached $2.62 trillion for the week ending April 19, with a weekly increase of 5.22%. U.S. Bitcoin spot ETFs saw cumulative net inflows of $57.74 billion, with a weekly net inflow of $996 million; Ethereum spot ETFs recorded cumulative net inflows of $11.67 billion, with a weekly net inflow of $187 million. The total stablecoin market cap stood at $313.1 billion, up 0.90% weekly, with USDT's market cap at $187.26 billion, accounting for 59.81%. The total TVL in DeFi was $86.275 billion, down 9.06% weekly, with Ethereum, Solana, and BNB Chain accounting for 54.14%, 6.47%, and 6.26% of the TVL, respectively. On-chain data showed structural divergence: Ethereum's on-chain DEX daily trading volume reached $2.515 billion, up 218.35% weekly, becoming the primary growth driver. BNB Chain and Sui also saw growth, while Solana, Aptos, and Ton experienced declines. In terms of transaction fees, Ton decreased by 17.32%, while Solana, Sui, and Aptos saw slight increases. User and capital levels faced pressure, with only BNB Chain and Sui achieving growth in daily active addresses. In terms of TVL, Ethereum led the decline with an 11.47% drop. The total TVL for Layer2 was $32.33 billion, up 2.34% weekly, with Base and Arbitrum accounting for 39.64% and 16.79% of the market share, respectively. The total stablecoin issuance for the week was 3.616 billion, up 64.36% weekly. Notable new projects include Brix Money, a DeFi platform connecting on-chain funds with real-world yield assets; Claw Intelligence, an integrated on-chain AI tool; and Totalis, a prediction market derivatives protocol.