Ethereum earned primary focus in the new benchmark that lists the top 40 crypto businesses across eight categories.
The rise of active blockchain users and increase in DeFi activity indicate that the crypto market has matured despite the fall in prices.
The Wormhole attacker moved $46 million worth of tokens to MakerDAO and received 16.6 million DAI over the weekend.
Ethereum holders account for 20% of the 425 million global crypto investors, while BTC holders account for 52%.
Cosmos outperformed BTC by around 15% while Solana, which tanked by 55% in November, managed to beat BTC returns by around 8%.
Active addresses indicate that the bear market set in months before BTC and ETH prices attained all-time highs in November 2021.
David Marcus said that the indecision among regulators will continue in 2023 and clear crypto regulations will take a "couple of years."