Global crypto holders reach 617M, with 60M monthly active users

https://www.cryptopolitan.com/global-crypto-holders-reach-617m-with-60m-monthly-active-users-report/

6 Comments

  1. tldr; A recent report from a16z reveals that global crypto holders have reached 617 million, with only 60 million being active monthly users. Solana leads blockchain activity with 100 million active addresses in September. Stablecoins processed $8.5 trillion in Q2 2024, surpassing Visa’s volume. Crypto interest is rising in U.S. swing states, influencing legislative discussions. The report highlights the growing adoption of crypto globally, with significant activity in countries like Nigeria, India, and Argentina.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. >Crypto adoption keeps growing globally, **with the total number of crypto holders now at 617 million**, according to a recent report from a16z. **But only around 60 million of those holders use crypto monthly.** The gap is clear, but that means there’s a massive opportunity to activate more holders.

    I honestly doubt it’s “617 million *users*” or even “holders”. I personally have certainly used over 30 addresses myself. If those are being counted as “holders” then the math doesn’t check out.

    Same question needs to be asked of “60 million of those holders **using** crypto monthly”. How many of them are shuffling crypto to other wallets they own?

    Also, are these counting garbage like meme coins and radioactive shitcoins??? Calling those “holders” makes the statistic laughable.

    >Solana leads in active addresses. This surge in activity is led by **Solana, which accounted for nearly 100 million of those active addresses**. 

    Lmao.