Crypto usage has gone to the moon, says new report

https://qz.com/crypto-activity-has-soared-report-by-andreessen-horowit-1851674421

9 Comments

  1. tldr; Crypto usage has reached unprecedented levels, according to a report by Andreessen Horowitz. The “State of Crypto” report highlights a record 617 million cryptocurrency owners globally, with 30 to 60 million active users. Blockchain activity has surged, with 220 million unique crypto addresses in September, a threefold increase from late 2023. The report attributes growth to stablecoins, which offer transaction stability, and notes a significant overlap between crypto and AI users. Despite past challenges, the crypto market shows renewed investor confidence and interest.

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

  2. “Usage” is now defined as people buying and holding in the hope of selling at a higher price later. The “currency” part of cryptocurrency has been forgotten a cycle or two ago.

  3. I didnt believe we experience the old times again but etf flows, adoption, money supplys… everything is going up. Maybe this time isnt different after all. 2025 will show

  4. >report highlights a record 617 million cryptocurrency owners globally, with 30 to 60 million active users. Blockchain activity has surged, with 220 million unique crypto addresses in September,

    So many people farmed airdrops this year most especially telegram shitty airdrops which sees millions of people in the space. The most important is if this people are going to stay for a long term or their address will fade up as soon as they’re tired of farming