Andreessen Horowitz (a16z) has released its annual “State of Crypto” report, revealing that crypto adoption has reached record levels. 🚀
- In September, 220 million addresses interacted with the blockchain, a three-fold increase from the end of 2023.
- Stablecoin adoption was cited as the main driver of this growth.
- A16z supports major platforms such as Coinbase, Uniswap, and Solana.
- However, regulatory uncertainty has led to the spread of memecoins.
- Ethereum’s EIP-4844 upgrade and modern blockchains have reduced transaction costs.
Share your thoughts in the comments! 💬