Market Share

Definition ∞ Market share quantifies the proportion of a total market that a specific digital asset, protocol, or platform holds. It is typically measured by metrics such as trading volume, total value locked (TVL), or user base relative to the entire ecosystem. This metric indicates competitive positioning and market dominance.
Context ∞ Tracking market share is a key activity for analyzing the competitive landscape within the cryptocurrency industry, whether it is for specific blockchains, decentralized applications, or stablecoins. Shifts in market share can signal evolving user preferences, technological advancements, or the success or failure of specific growth strategies. News often reports on which assets or platforms are gaining or losing ground.