> For the complete documentation index, see [llms.txt](https://soldexai.gitbook.io/soldex-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://soldexai.gitbook.io/soldex-whitepaper/state-of-the-market.md).

# State of the market

●      3.8% of the world’s population (300 Million) own some crypto, reports find.&#x20;

●      Estimated Total number of BTC owners 71M.

●      Estimated Total number of ETH owners 14M.

●      Binance trading volume was $1.5 trillion of spot trades in May 2021.

●      Uniswap trading volume was $0.5 billion of trades in May 2021.\[8]

●      Solana Is Raising Up to $450 Million to Challenge Ethereum.

●      More than 1500 Projects are built on Solana.

●      As of April 2022, there are nearly 1900 cryptocurrencies that could be exchanged and traded for crypto and fiat currencies based on data from CoinMarketCap.

●      Decentralized exchanges (DEXs) reported more than $1 trillion in trading volumes in the year 2021. Uniswap continues to dominate the DEX market. It has a share of over 75%.

![](https://1075268700-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mj0Xw0azf601q5sA8c7%2Fuploads%2FMvmsihHQlGW7Kh6xZYJz%2FScreenshot%202022-03-22%20at%2012.02.37.png?alt=media\&token=a39c83c8-0d8f-4719-8d5a-634afcadfe27)
