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Year of Extremes: 2024 Market Review by Global Broker Octa
After holding borrowing costs near record highs for most of 2023, almost all major central banks started to cut rates in 2024. However, the pace of interest rate reductions varied, leading to a divergence in monetary policy expectations between different economies, which, in turn, resulted in notable exchange rate fluctuations among major currencies.
On a negative note, however, 2024 has been a year of lingering political uncertainty and geopolitical instability. Although investors learned to coexist with the simmering conflicts in Eastern Europe and the Middle East, a sense of underlying unease persisted. Adding to this sense of anxiety is the changing political landscape.
Indeed, numerous elections took place in tens of countries around the world in 2024. Investors were particularly concerned about the parliamentary elections in France, the general elections in the United Kingdom, and the presidential and congressional elections in the United States. The market still feels the effect of these elections, with traders and investors anticipating major changes in economic policies and trying to front-run their impact on global assets.
The U.S. Dollar (USD) has been the best-performing currency in 2024 among the 20 global currencies that Octa Broker tracks. From 29 December 2023 to 13 December 2024, the U.S. dollar index (DXY), which measures the value of the greenback against the basket of six foreign currencies (the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc) rose by almost 6%. However, the index has undergone substantial fluctuations over the course of the year. Kar Yong Ang, a financial market analyst at Octa Broker, explains: ‘The dollar index has been on a rollercoaster ride in 2024, soaring to new multi-month heights and plummeting to fresh multi-month lows. Although the greenback looks like the best-performing currency in 2024 so far, the lion’s share of its appreciation occurred during the latter part of the year and has been mostly driven by expectations for a major shift in U.S. trade policy.’
Indeed, the market is concerned that Donald Trump’s proposed immigration and trade policies could have inflationary consequences, prompting the Federal Reserve (Fed) to adopt a less dovish monetary policy. As a result, the divergence in investors’ monetary policy expectations between the Fed and other major central banks has widened, leading to higher capital inflows into the U.S. dollar. Furthermore, the U.S. economy has been outperforming other advanced economies in 2024 and is expected to continue to do better than the rest in 2025 as well. According to the International Monetary Fund (IMF), real gross domestic product (GDP) growth of advanced economies in 2024 will average just 1.8%, whereas the U.S. GDP is projected to expand by 2.8%.
Because the dollar advanced higher, most major currencies are poised to conclude the year with negative performance. The only exception is the British pound, which is anticipated to finish the year virtually unchanged compared to 2023. ‘The relative strength of the U.S. dollar is only one of many reasons why most other major currencies underperformed in 2024. Other factors, however, are specific to individual countries and a major bearish factor this year specifically has been the lack of political certainty, which currencies do not like,’ says Kar Yong Ang, a financial market analyst at Octa Broker. Indeed, EURUSD, the most liquid and widely traded foreign exchange (Forex) pair in the world, has been weakened by political uncertainty in the eurozone’s largest economies—France and Germany—where political stalemate led to high-profile resignations and early elections. Likewise, when the U.K. Prime Minister Rishi Sunak called a snap parliamentary election, GBPUSD experienced one of the biggest one-day declines of 2024. Moreover, the sluggish growth in the eurozone and the U.K. has prompted investors to anticipate additional rate cuts from both the European Central Bank (ECB) and the Bank of England (BoE). In contrast, the Fed is expected to slow down its easing cycle, further widening the interest rate differential between the U.S. dollar on the one hand and the euro and sterling on the other.
Despite its safe-haven status, the Japanese yen (JPY) was the most volatile currency among the majors. Three-month implied options volatility for the yen, a measure of trader hedging demand, averaged around 9.73% in 2024, whereas the total average across seven major currencies was 7.46%. ‘USDJPY traders have had a wild ride in 2024. It has been a total rollercoaster, to be honest. I think fortunes were made and lost here very quickly. This outgoing year has been truly historical for the JPY,’ says Kar Yong Ang, a financial market analyst at Octa Broker. Indeed, during the year’s first half, the bullish dollar momentum has propelled the pair to a multi-decade high. Then, as rumours of potential intervention by Japanese authorities to bolster the yen began to spread, the USDJPY pair started to decline. A massive sell-off accelerated in late July after the Bank of Japan (BoJ) raised interest rates to 15-year highs and announced details on how it will reduce its huge bond buying. Kar Yong Ang explains: ‘At that time, it looked like BoJ was taking a surprisingly hawkish stance. Its decision really shook the markets and caused investors to reassess popular JPY carry-trades.’
The commodities’ performance varied greatly, and each deserves a separate story to tell, but coffee, lithium, gold, and silver have certainly been the biggest stories in 2024.
Just recently, the prompt-month futures contract of arabica coffee traded on Intercontinental Exchange (ICE) hit an all-time high. It is up some 70% year-over-year (y-o-y), which makes it the best-performing commodity in 2024 among 20 other commodities that Octa Broker tracks. ‘Like many other soft commodities, both arabica and robusta coffee futures are almost entirely driven by the whims of the weather. This year, Brazil, [the world’s largest coffee producer], experienced its worst drought in 70 years, whereas Vietnam, [another key producer] was faced with both drought and heavy rainfall,’ says Kar Yong Ang, a financial market analyst at Octa Broker. Indeed, according to official customs data, Vietnam’s coffee exports in the first half of this year were 893,820 metric tons, down 11.4% from a year earlier. Traders are very much concerned about the 2025 global crop outlook, and prices have reflected these worries.
In contrast, lithium has been the worst-performing commodity in 2024 as the sale of electric vehicles (EV) started to level off while capital investments from previous years boosted production capacity and led to oversupply. According to Refinitiv, the price of Lithium Hydroxide futures contracts traded on the Commodity Exchange (COMEX) was down 42.3% y-o-y as of December 13, 2024.
As for precious metals, 2024 has been a record-setting year, especially for gold. The price for the yellow metal has been setting a new all-time high essentially every month in 2024. Kar Yong Ang, a financial market analyst at Octa Broker, outlines three main factors that have contributed to such a meteoric rise in gold prices. ‘It all boils down to three sources of demand: safe-haven demand due to intensifying geopolitical tensions, investor demand due to less tight monetary policy globally, and structural demand from global central banks as part of de-dollarization and diversification efforts.’ As many times before, gold has once again proved its underlying value as a protective asset during times of uncertainty and may continue to shine in the months ahead. Although the price of silver did not set any new records, its y-o-y performance was even more impressive than that of gold: +28.6% (as of December 13).
‘Perhaps surprisingly, but despite growing geopolitical tensions, crude oil prices went down annually. This is mostly because non-OPEC members—notably, the U.S.—have managed to increase production but also because investors were worrying about the health of the Chinese economy, the main importer of crude oil,’ says Kar Yong Ang, a financial market analyst at Octa Broker.
2024 also witnessed significant developments in the cryptocurrency market, particularly for Bitcoin. On March 8, its price set a new all-time high of $70,000. On 5 December, it finally managed to achieve another key milestone of $100,000 per coin. However, Bitcoin was not the best-performing digital coin of 2024. The price of Doge has increased four-fold. Most of the gains in the crypto sphere were in response to Donald Trump’s victory in the U.S. presidential elections. Such a favourable market reaction to Trump’s victory stems from investors’ belief that his Administration, coupled with a friendly Congress, will effectively deregulate the crypto industry, facilitate its expansion, and implement a coherent regulatory framework that will serve investors and consumers for years to come. ‘It should be said, argues Kar Yong Ang, that this belief is not without foundation. Trump has managed to lure many crypto fans to his side with his bold moves, clear views, and a strong focus on deregulation.’
Overall, 2024 has been a year of uneven economic growth and significant political shifts. While central banks successfully addressed inflationary pressures globally, diverging monetary policies led to notable currency fluctuations. At the same time, geopolitical tensions have been on the rise, while political uncertainty persisted.
The U.S. dollar emerged as the strongest currency, driven by a strong U.S. economy, a tightening monetary policy stance, and expectations of potential policy shifts. Other major currencies, such as the euro and the British pound, faced headwinds from economic sluggishness and political instability.
In the commodity markets, 2024 was a year of extremes. While arabica coffee prices soared to record highs due to supply shortages, lithium prices plummeted as oversupply concerns mounted. Precious metals, particularly gold, experienced a remarkable surge, driven by safe-haven demand, easing monetary conditions, and central bank buying.
Meanwhile, the main crypto coins broke new records and seem to be poised for major transformations in 2025.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
Octa
Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.
1. Constituent Review – ixCrypto Index Series
1. 1. ixCrypto Index (“IXCI”)
The number of constituents will remain at 19 with no additions and deletions.
Additions:
No addition
Deletions:
No deletion
The free float adjusted market capitalization coverage is 84.26%* (excluding stablecoins, which represents 10.90% of the total crypto universe), while the 90-day-average volume is 77.36%*. The recapping at 40% will take effect on the effective date.
Since the last review, there has been a decrease in the crypto total market capitalization from USD3.38T to USD2.62T (-22.53%)#, and a decrease in the daily volume from USD157.69B to USD108.17B (-31.40%)#. Bitcoin remains the largest crypto in the constituent list, with its price decreased by 24.58% since the last review.
1.2. ixCrypto Portfolio Indexes
1.2.1 ixCrypto 5 Equal Weight Index (“IXEW5”) and ixCrypto 5 Square Root Index (“IXSR5”)
Additions:
No addition
Deletions:
No deletion
1.2.2 ixCrypto 10 Equal Weight Index (“IXEW10”) and ixCrypto 10 Square Root Index (“IXSR10”).
Additions:
No addition
Deletions:
No deletion
1.2.3 ixCrypto Altcoin 10 EW Index (“IXAEW10”) and ixCrypto Altcoin 10 Square Root Index (“IXASR10”).
Additions: Monero
Deletions: Chainlink
1.3. ixCrypto BTC/ETH Indexes
As of the cut-off date on 31st March 2026, the ixCrypto BTC/ETH 50/50 Index (“IX5050”) maintains a 50%/50% weighting for the ixBitcoin Index “IXBI” and ixEthereum Index “IXEI”. The ixCrypto BTC/ETH Proportional Index (“IXPI”) has a weighting of 83.12% and 16.88% for IXBI and IXEI, respectively.
At the upcoming effective date, IX5050 weightings will remain unchanged at 50%/50%. IXPI weightings will be adjusted to 84.53% and 15.47% for IXBI and IXEI, respectively, reflecting the market capitalization proportions of Bitcoin and Ethereum at the cut-off date.
1.4. ixCrypto Stablecoin Index
The number of constituents will remain at 6 (Appendix 5). Stablecoin comprises 10.90% of the total crypto universe, and ixCrypto Stablecoin Index covers 98.26% of the 90-day average market capitalization in the stablecoin universe.
2. Exchange Review
To ensure the fairest price objective, all indexes are calculated based on average of multiple exchanges. As a result of exchange review, 10 exchanges passed the review process, which are as follows:
- Binance
- Pionex (ADDITION)
- BitMart (ADDITION)
- MEXC
- LBank
- Bybit
- Gate.io2
- Kucoin
- Crypto.com Exchange
- Coinbase Exchange
Deletion
- Huobi Global
- OKEx
The selected 10 exchanges will be used to generate each of the fair average prices for the IX indexes’ constituents. The exchange review covers volume rankings, exchange background checks, founders’ background checks, USD/USDT/USDC/BTC pair coverage, overconcentration rules, exchange API coverage checks, and stability, among other aspects, for an exchange.
For more details about our exchange selection criteria, please email [email protected]. More information on the ixCrypto Indexes, including their constituents and constituents’ weights, is provided in the Appendices, or refer to the website https://ix-index.com/.
*Exclude stable coins and coins that trigger conflict of interest (based on conflict-of-interest rule methodology 3.9, effective on Oct 2, 2020)
#As of 31th March 2026, based on the past 90 days average
XXXX (ADDITION)Newly introduced exchanges as of 2026 Q1
Appendix 1
| Universe | All crypto coins traded in at least two different exchanges around the world |
| Selection Criteria | Cryptocurrencies ranking in the top 80% of cumulative full market capitalization (“MC”) coverage and within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume |
| Number of Constituents | 19 in Q1 2026 |
| Launch Date | 12th December 2018 |
| Base Date | 3rd December 2018 |
| Base Value | 1,000 |
| Reconstitution Rule | If the coverage is below 75% or any of constituents is not within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening. |
| Reconstitution and Rebalancing Frequency | Quarterly and with a fast entry rule |
| Weighting Methodology | Free float adjusted market capitalization weighted with a cap of 40% |
| Currency | US Dollar / HK Dollar [EOD in 14 currencies] |
| Dissemination | Every 5 seconds for 24×7
(On Bloomberg, Reuters and major information vendors) |
| Website | https://ix-index.com/ |
| Bloomberg Page | IXCI <GO> |
Appendix 2
| Crypto | 90-day-average- Market Cap | 90-day-average-Volume | Cut-off Price |
Cumulative Market Coverage | Weighting (%) After 40% Cap# | |
| 1 | Bitcoin | $1,533,407,044,481 | $43,779,443,111 | $66,691.44 | 58.59% | 40.00% |
| 2 | Ethereum | $291,140,668,312 | $23,907,396,435 | $2,023.51 | 69.71% | 25.84% |
| 3 | BNB | $99,700,601,834 | $2,038,341,597 | $608.55 | 73.52% | 8.78% |
| 4 | XRP | $98,820,126,064 | $3,218,693,555 | $1.32 | 77.30% | 8.59% |
| 5 | Solana | $58,322,802,634 | $4,336,158,111 | $82.44 | 79.53% | 5.00% |
| 6 | TRON | $27,802,977,066 | $657,701,996 | $0.32 | 80.59% | 3.20% |
| 7 | Dogecoin | $18,028,347,533 | $1,341,528,833 | $0.09 | 81.28% | 1.47% |
| 8 | Cardano | $11,055,216,118 | $608,106,281 | $0.24 | 81.70% | 0.93% |
| 9 | Bitcoin Cash | $10,617,756,282 | $424,111,900 | $459.70 | 82.10% | 0.97% |
| 10 | Hyperliquid | $8,515,529,227 | $338,272,606 | $36.79 | 82.43% | 1.00% |
| 11 | Monero | $7,415,161,010 | $124,095,526 | $321.29 | 82.71% | 0.63% |
| 12 | Chainlink | $7,273,963,510 | $623,444,392 | $8.61 | 82.99% | 0.65% |
| 13 | Stellar | $5,965,923,096 | $147,863,725 | $0.17 | 83.22% | 0.59% |
| 14 | Zcash | $4,956,891,601 | $450,471,925 | $225.56 | 83.41% | 0.40% |
| 15 | Litecoin | $4,745,674,586 | $397,678,356 | $53.20 | 83.59% | 0.43% |
| 16 | Avalanche | $4,565,289,028 | $327,621,719 | $8.79 | 83.76% | 0.40% |
| 17 | Sui | $4,558,926,661 | $688,122,173 | $0.86 | 83.94% | 0.36% |
| 18 | Hedera | $4,371,988,560 | $136,144,137 | $0.09 | 84.11% | 0.40% |
| 19 | Shiba Inu | $3,987,578,330 | $135,856,575 | $0.00 | 84.26% | 0.36% |
As of 31 March 2026
# Weighting (%) after 40% Cap is adjusted according to the cut-off price, the arrangement of order may not the same as 90-day-average-Market Cap
Selection of index constituents is based on the past 90-day-average market capitalization and volume.
For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website
Appendix 3
| Index Constituent | ixCrypto 5 EW Index | ixCrypto 5 SR Index | ixCrypto 10 EW Index | ixCrypto 10 SR Index | ixCrypto Altcoin 10 EW Index | ixCrypto Altcoin 10 SR Index |
|
| 1 | Bitcoin | 20.00% | 47.35% | 10.00% | 38.28% | – | – |
| 2 | Ethereum | 20.00% | 20.26% | 10.00% | 16.37% | 10.00% | 25.472% |
| 3 | BNB | 20.00% | 11.81% | 10.00% | 9.54% | 10.00% | 14.848% |
| 4 | XRP | 20.00% | 11.67% | 10.00% | 9.44% | 10.00% | 14.682% |
| 5 | Solana | 20.00% | 8.91% | 10.00% | 7.20% | 10.00% | 11.199% |
| 6 | TRON | – | – | 10.00% | 5.76% | 10.00% | 8.968% |
| 7 | Dogecoin | – | – | 10.00% | 3.91% | 10.00% | 6.085% |
| 8 | Cardano | – | – | 10.00% | 3.10% | 10.00% | 4.829% |
| 9 | Bitcoin Cash | – | – | 10.00% | 3.18% | 10.00% | 4.944% |
| 10 | Hyperliquid | – | – | 10.00% | 3.22% | 10.00% | 5.005% |
| 11 | Monero | – | – | – | – | 10.00% | 3.968% |
As of 31 March 2026
Appendix 4
| Crypto | 90-day-average Crypto Market Cap | 90-day-average Crypto Volume | Index Level | Weight in BTC/ETH 50/50 | Weight in BTC/ETH Proportional |
| Bitcoin | $1,533,407,044,481 | $43,779,443,111 | 16119.86 | 50.00% | 84.53% |
| Ethereum | $291,140,668,312 | $23,907,396,435 | 17402.12 | 50.00% | 15.47% |
As of 31 March 2026
Appendix 5
| Crypto | 90-day-average- Market Cap | 90-day-average- volume |
Cut-off Price | Cumulative Market Coverage |
Weighting (%) After 40% Cap | |
| 1 | USDt | $185,014,602,798 | $90,009,449,564 | $0.9991 | 7.07% | 40.00% |
| 2 | USDC | $75,247,269,332 | $12,399,472,322 | $0.9997 | 9.94% | 40.00% |
| 3 | Ethena USDe | $6,227,533,422 | $125,083,188 | $0.9991 | 10.18% | 6.02% |
| 4 | Dai | $5,364,237,297 | $153,912,985 | $0.9997 | 10.39% | 5.50% |
| 5 | World Liberty Financial USD | $4,432,479,244 | $1,826,951,498 | $0.9995 | 10.56% | 4.48% |
| 6 | PayPal USD | $3,897,616,348 | $150,988,466 | $0.9996 | 10.71% | 4.00% |
As of 31 March 2026
Appendix 6
Real time indexes are disseminated every 5-second interval for 24×7 since 23 June 2022. The real-time indexes are available for viewing on the IX Crypto Index official webpage and Bloomberg Page IXCI <GO>. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval kept at 15-second unchanged.
The vendor tickers are shown below:
| Index Name | Bloomberg Ticker | TradingView Ticker | Reuters Ticker | |
| Real-time | Delayed | |||
| ixCrypto Index | IXCI | IXCI2 | IXCI | .IXCI |
| ixBitcoin Index | IXCBI | IXCBI2 | IXBI | .IXBI1 |
| ixEthereum Index | IXCEI | IXCEI2 | IXEI | .IXEI1 |
For further information about ixCrypto Index and other available indexes including IX Crypto spot price index series and EOD indexes, please visit company official webpage https://ix-index.com or subscribe to LinkedIn: IX Asia Indexes
For data licensing and product, please contact us at [email protected].
For free API use on academic research or trial, please contact [email protected]
Hashtag: #ixCryptoIndex
The issuer is solely responsible for the content of this announcement.
About IX Asia Indexes and IX Asia Index Advisory Committee
IX Capital International Limited is an award-winning index and investment advisory company. The index business arm- IX Asia Indexes, providing real-time digital asset and innovative indexes, disseminated 24×7 globally and built on robust infrastructure. Since the launch of the first crypto benchmark index (“IXCI”) launched in Hong Kong in December 2018, the ixCrypto index series expand into over 40 indexes designed for exchange futures products, mark-to-market, and fund managers’ portfolio construction purposes. To ensure the professionality and impartiality of the index methodologies and operations, IX Asia Indexes has established its index advisory committee with representation from different industries, including fund management, exchanges, brokerage, financial blockchain experts, crypto service providers, etc. The committee will meet quarterly a year to discuss matters relating to the IX Asia Indexes, including to review and to comment the data sources, methodologies, and operations of IX Asia Indexes, to provide guidance to the future development of new IX Asia Indexes and to handle other issues and decisions on an as-needed basis.
IX Asia Indexes was awarded the Fintech Award (wealth investment and management) 2019 and 2021 organised by ETNet. It as well won an award for Startup of the Year and Basic Technology (Big Data) from Hong Kong Fintech Impetus Awards 2022 by Metro Broadcast and KPMG. It also won Asia Pacific Enterprise Achievement Award 2024 by Echolade. IX Asia Indexes completed its IOSCO compliance statement and obtained ISO/IEC 27001:2022 UKAS certification.
Website: https://ix-index.com/
Advisory Committee: https://ix-index.com/committee.htm
About IX Crypto Indexes
The ixCrypto index (“IXCI”) is the first crypto index launched in Hong Kong. It was launched on 12 December 2018. It is denominated in USD with a base value of 1000 and a base date on 3 December 2018. Designed to be easy to understand while providing a good representation of the crypto market, ixCrypto index aims to cover the top 80% of the cumulative free-float adjusted market capitalization in the crypto universe and, at the same time, the crypto currencies should fall within the top liquid cryptos ranked by trading volume in the 90 days preceding the review date. The index is to be reviewed quarterly and with a fast entry rule. Real time indexes are disseminated every 5-second for 24×7 since 23 June 2022. Real time index data together with ixBitcoin Index and ixEthereum Index can be obtained from IX Asia Indexes Data Services and Bloomberg terminal on IXCI <GO>. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI”, “IXEI”, with dissemination interval kept at 15-second unchanged. Wechat: 信昇亞洲指數.
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The 17th China Children’s Film Dubbing Promotion and Exhibition Event Officially Kicks Off
As a public welfare brand dedicated to children’s growth and education for sixteen years, the activity continues to uphold the purpose of “fostering children’s growth, inspiring their minds, enriching their lives, and promoting children’s cinema.” Centered around the theme “A Dream of Light and Shadow, Voices Create Brilliance,” it targets children aged 7 to 16 both domestically and internationally. With film dubbing at its core, the activity provides a platform for artistic immersion, ideological guidance, and practical growth through diverse forms such as film lectures, dubbing challenges, film culture summer camps, and talent showcases, guiding children to experience the charm of film art in the world of light and shadow.
The year 2026 marks the 105th anniversary of the founding of the Communist Party of China and the 90th anniversary of the victory of the Long March of the Chinese Workers’ and Peasants’ Red Army. This edition of the event has selected classic films embodying historical memories and revolutionary spirit as dubbing materials, including Sparkling Red Star, The Letter with Feathers, The Detachment of The Hui People, Young Peng Dehuai, The Volunteers: Peace at Last, and Dead to Rights. These films guide children to revisit extraordinary years through cinematic images and grasp the spirit of the times through dubbing. Additionally, classic films showcasing China’s excellent traditional culture, such as Ne Zha 2, Chang‘An, I Am What I Am, and Big Fish & Begonia, help children strengthen their cultural confidence through diverse artistic nourishment.
With voices soaring, children interpret the legends of light and shadow; with dreams setting sail, they shine with youthful splendor. From today, the registration channel for the 17th China Children’s Film Dubbing Promotion and Exhibition Event is officially open! Dubbing enthusiasts aged 7 to 16 may access details and sign up via the official mini-program “Xiao Ying Mi Ai Pei Yin” or the WeChat Official Account of the China National Film Museum.
Hashtag: #ChinaNationalFilmMuseum
The issuer is solely responsible for the content of this announcement.
“SIAM PARAGON SUMMERBEATS MUSIC FEST 2026” Captivates Thai and International Tourists
A Resounding Success Merging Tradition, Fashion, Music, and Lifestyle in the Heart of Bangkok
BANGKOK, THAILAND – Media OutReach Newswire – 16 April 2026 – Siam Paragon reaffirms its status as a world-class global destination and a top-of-mind landmark for both Thai and international visitors, celebrating the remarkable success of the “SIAM PARAGON SUMMERBEATS MUSIC FEST 2026.” This grand Songkran festival, held from April 10–15, 2026 at Parc Paragon and throughout the shopping center, attracted an overwhelming number of attendees from around the world. The event’s success highlights Siam Paragon’s ability to deliver extraordinary experiences that seamlessly integrate fashion, music, arts, culture, and lifestyle into one vibrant destination—solidifying its reputation as a world-class experiential hub.
This achievement was made possible through a strong collaboration between Siam Paragon, Kasikornbank Public Company Limited, alongside esteemed partners from both the public and private sectors. Together, they created a vibrant and distinctive contemporary Songkran phenomenon. One of the festival’s standout highlights was the “SUMMERBEATS FASHION SHOW” at Paragon Department Store, showcasing curated looks from Spring/Summer 2026 collections by leading brands. The runway came alive with appearances from renowned celebrities and talents from The Face Men Thailand Season 4, setting the stage for six consecutive days of electrifying performances by top artists.
Beyond fashion, “SIAM PARAGON SUMMERBEATS MUSIC FEST 2026” also gained widespread recognition as a premier urban music festival, featuring over 150 artists including Masu–Tee, DJ Crossthy, DICE, JOEY BOY, Purpeech, Enjoy–June, Khana Bierbood, DJ Chin Chinawut, KT Kratae, LE7EL, Sweezdream, Paradise Bangkok, Tilly Birds, Billy–Babe, SONS, ALTERS, Tattoo Colour, Krit–Phop, 4MIX, Shine Boys, and Pijang Kritsana.
These artists ignited the summer energy throughout the festival, supported by world-class light, sound, and color production. The festive atmosphere became a major “magnet,” drawing people in to celebrate Songkran with unparalleled excitement and creating lasting impressions.
Throughout the festival, Siam Paragon transformed its spaces into a dynamic lifestyle landmark and one of Bangkok’s must-visit check-in destinations. The creative design blended Thai craftsmanship with contemporary aesthetics, offering a diverse range of activities, entertainment, and exclusive experiences tailored to shoppers, tourists, and the new generation alike, reflecting Siam Paragon’s role as a leadership in premium lifestyle experiences.
Another significant highlight was at NEXTOPIA on the 5th and 5A Floors, under the concept “NEXTOPIA: Culture of Tomorrow.” This area showcased a new dimension of Songkran by integrating Thai culture with innovation and sustainability. Through creative workshops and the landmark Crystal Pagoda, visitors actively engaged with the Circular Economy concept. This completed the Songkran vision, balancing entertainment and inspiration with genuine environmental responsibility.
The success of “SIAM PARAGON SUMMERBEATS MUSIC FEST 2026” not only reflects Siam Paragon’s strength in creating world-class magnet events that attract global audiences, but also reinforces its leadership as the premier destination. Siam Paragon remains dedicated to driving Bangkok’s vibrancy during every major festival, delivering extraordinary experiences that remain in the memories of Thai people and tourists from across the globe.
Hashtag: #SiamParagonSummerBeats2026 #SiamParagonSongkran2026 #SiamParagonSummer2026
The issuer is solely responsible for the content of this announcement.
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