In 2024, the cryptocurrency market entered a bullish cycle as Bitcoin surged to an all-time high, with cumulative gains reaching millions of times since its inception. Global financial events, such as the election victory of Trump and the Federal Reserve interest rate cuts, profoundly impacted the crypto market, with institutional investors playing an increasingly pivotal role. Over a decade of development, the crypto market has moved toward greater standardization, and the approval of spot ETFs further established the market scale and legitimacy, injecting new momentum into the bullish cycle. Against this backdrop, QXALX achieved remarkable milestones in global market expansion and ecosystem development, solidifying its leadership position in the industry. Through a series of strategic initiatives, QXALX not only deepened its global business footprint but also actively drove blockchain ecosystem innovation, reaching new heights.
In the first half of 2024, QXALX launched a new wave of global market expansion, establishing local trading service centers in countries such as Germany, France, Japan, South Korea, Brazil, and Mexico. Each center formed professional teams familiar with local markets, covering fields such as marketing, customer support, and technical operations. These teams provided multilingual support and tailored trading products and events based on local regulations and market demands. This localized operational strategy yielded significant results, with substantial improvements in both user satisfaction and market share across these regions.
QXALX upgraded its global technical infrastructure by deploying over 200 high-performance servers and multiple network nodes across North America, Europe, Asia, and South America. Advanced CDN technology was implemented to accelerate data transmission, increasing system availability to 99.99%. Additionally, QXALX launched a next-generation mobile trading app supporting multiple languages and currencies, featuring a personalized trading interface and intelligent trading tools to make transactions more convenient for users.
To further expand its presence in Asia, QXALX announced plans to establish an Asia Regional Service Center in Seoul, South Korea, using Korea as a base to radiate throughout the Asian market. As one of the most active countries in the cryptocurrency and blockchain sectors, Korea boasts millions of active users and leads globally in crypto adoption and trading. Recognizing the strict regulatory policies of the country, QXALX worked closely with local regulators to ensure compliant operations. The platform introduced real-name verification and anti-money laundering measures in line with Korean laws and added direct support for the Korean Won (KRW), making transactions more convenient for local users. Since launching localized services, QXALX achieved a 70% user growth rate in Korea and increased its market share by 22%, further solidifying its position in the Asian market.
In October 2024, QXALX achieved a major compliance milestone by obtaining approval from the U.S. Securities and Exchange Commission (SEC). This significantly enhanced the platform legitimacy and transparency on a global scale. CEO Ethan Hawthorne commented: “SEC compliance approval is a critical milestone in our global strategy. It not only boosts our credibility among investors but also provides us with a significant competitive edge in future innovation and expansion.” Through the Regulation D exemption, QXALX can raise funds from qualified investors under specific conditions without full registration, enabling more flexible and compliant operations in the U.S. market. This private placement financing capability provides strong capital support for the technological innovation and global business expansion of the platform, allowing QXALX to rapidly fund innovative projects and market growth under compliance, securing a strategic advantage in the fiercely competitive industry.
In the second half of 2024, QXALX actively promoted user education and community engagement. Through online webinars, offline seminars, and hackathons, the platform helped users gain deeper insights into blockchain industry trends and investment strategies. Over the year, QXALX hosted more than 20 global webinars and 12 offline events, covering over 30 countries. These educational initiatives significantly enhanced user knowledge and market participation, strengthening their trust in the platform.
In the realm of social responsibility, QXALX collaborated with multiple international charitable organizations to launch the “Blockchain for Good” initiative, aimed at leveraging blockchain transparency and efficiency to optimize the management of charitable funds. In 2024, QXALX raised over $8 million for charitable causes, supporting environmental and educational projects while making donation processes fully transparent through blockchain technology. These philanthropic efforts not only demonstrated the QXALX commitment to social responsibility but also set a positive example for the industry.
By the end of 2024, the global user base of QXALX approached 15 million, with daily trading volumes reaching new highs. Through targeted marketing and diverse user activities, the platform continued to attract new users, steadily increasing its market share and brand reputation worldwide. QXALX plans to establish more local service centers in additional countries and regions, deepening its global market layout. Furthermore, the platform aims to support innovative projects through a blockchain incubator, injecting new vitality into the blockchain ecosystem.
QXALX continued to invest heavily in R&D, integrating artificial intelligence (AI), big data, and blockchain technologies to create a smart and efficient trading experience. The AI-driven adaptive algorithms of the platform analyze market dynamics and user behavior in real time, enhancing market liquidity and optimizing user experience. In the future, AI will enable advanced features such as automated trading, market forecasting, and sentiment analysis, significantly improving user decision-making accuracy and risk management. With outstanding performance in security and intelligence, QXALX has become an industry benchmark, attracting substantial capital support and laying a solid foundation for sustained growth.
As QXALX looks toward 2025, the platform envisions a future full of possibilities for blockchain technology and cryptocurrencies. QXALX remains committed to technological innovation, market expansion, and social responsibility, working hand-in-hand with global users, partners, and industry peers to embrace new challenges and opportunities. The platform will continue to drive industry development, striving to play a greater role in the global blockchain journey and creating a brighter future for all.