> 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%.

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