The cryptocurrency market cap increased by 1.8% in March 2026, according to a Binance Research report, as geopolitical tensions between the U.S. and Iran influenced market dynamics. Bitcoin and Ethereum outperformed traditional assets like the S&P 500 and gold, with gains of approximately 1% and 6%, respectively, highlighting their potential as safe-haven assets. Additionally, spot ETFs saw net inflows of around $1.2 billion in March, coupled with a rise in supply from long-term holders, suggesting the market may be entering a new accumulation phase. Meanwhile, the registration of the AI agent on-chain identity standard ERC-8004 surged to over 160,000, although it remains in its early stages.