PANews reported on April 16 that according to the " 2025 Q1 Crypto Industry Report " released by Coingecko, the crypto market experienced a correction in the first quarter of 2025, with the total market value falling by 18.6% to $2.8 trillion; Bitcoin's market share rose to 59.1%, but the quarterly decline was still 11.8%. Ethereum plummeted 45.3% to $1,805, erasing all gains in 2024. The Meme coin sector retreated due to the LIBRA runaway incident, and Pump.fun's deployment volume dropped sharply by 56.3%. CEX spot trading volume reached $5.4 trillion, a month-on-month decrease of 16.3%; Solana maintained its dominance in DEX trading, accounting for 39.6%. DeFi multi-chain TVL decreased by $48.9 billion, a drop of 27.5%.