In 2022, the blockchain industry found itself in severe crisis several times.
The biggest shocks were the collapse of the Terra ecosystem and the bankruptcy of the FTX exchange, according to a report by the Bank for International Settlements (BIS). It was these events that triggered a surge of activity among users of trading platforms.
Researchers analyzed the performance of major exchanges Binance and Coinbase and found that the number of active traders increased after the news of the crash Terra and FTX.