Cryptocurrency According to research by MIT, adoption skyrocketed in 2022. Media Lab. A whopping 425 million individuals around the world have embraced digital currencies. CryptoAccording to.com, 219 million people own Bitcoin and 87 millions own ether.
Crypto Adoption Reaches New Highs
Crypto.com has released a report titled “Crypto Market Size”The data source for comprises of different sources of data such as survey analysis, on-chain data and internal data. Despite The numerous economic issues that involve inflation, disruptions in supply chains, and ongoing effects of the CovidThe company pointed out that there was a -19 pandemic.
Cryptocurrency With 425 million global users, 2022 will witness an increase in usage.
The Report further revealed that global crypto-owners have increased by 39%, from 306 million in 2017 and 425 million in 2018, respectively.
The Report then evaluated the total number of bitcoin-and ethereum-holders. Crypto.com’s data showed that the number of bitcoin users went up by 20%, from 183 million in January Up to 219 millions in DecemberGlobally, 52% of users are from this country.
The Report noted that the main factor raising adoption rates to the highest levels was Ethereum (ETH). UnirThe number of ETH-users has risen from 24,000,000 to 26 million in January Up to 87 millions in December20% of global users reside in China. What’s The report also highlighted that Ethereum’s monthly growth rates were higher than those of bitcoin’s throughout 2022, apart from April.
SeparatelyAnother company recently estimated that there were over 900,000. The firm reported, “As we approach 2023, global cryptocurrency user rates are expected to average 4.2%, with over 420 million cryptocurrency users.”
What What do you think of the 425 million global crypto users? Share Your opinions are welcome below.
