Over the past few years, cryptocurrencies have become the talk of the town, and the number of their users has increased dramatically. In 2024, the number of users reached about 562 million people, which means that about 6.8% of the world's population now has cryptocurrencies. Expectations also say that the number will increase to 861 million people in 2025, with the spread of these currencies in many regions.
Global Status of Cryptocurrencies
America
In the United States, the number of users has grown dramatically and reached 93 million people in 2024, which represents about 40% of adults. Most of them are interested in continuing and increasing their investments in digital currencies, but there are still people who have doubts due to lack of confidence in trading methods.
Asia
Asia is the leader in this matter, and the number of cryptocurrency users there increased from 268 million to 326 million in one year, thanks to large economies such as India and China.
north america
In North America, the number of users has reached 72 million people, which is the second largest number after Asia.
Who uses cryptocurrencies?
The people who use cryptocurrencies the most are those between the ages of 24 and 35, and they represent about 34% of users worldwide.
In recent years, the percentage of women using cryptocurrencies has increased from 18% to 29%, reflecting a greater diversity among people interested in this field.
Arabs: Growing
The situation in Egypt
Egypt is one of the countries where the number of cryptocurrency users has increased significantly. In 2024, the number of users reached about 2.5 million people, most of whom are young people between 18 and 35 years old. Despite this spread, there are still challenges, especially since clear laws have not been made to regulate this field in Egypt, and the whole thing is operating informally.
The situation in the Gulf
The UAE is a major hub for cryptocurrencies in the region, especially Dubai, which has initiatives like Crypto Valley. The penetration rate of cryptocurrencies there has exceeded 15% of the population.
In Saudi Arabia, about 3.5 million people use cryptocurrencies, most of them young people, and their interest in this topic is increasing.
North Africa
Morocco and Tunisia
In Morocco, cryptocurrencies have become a popular means for young people looking for new ways to invest, especially in light of the difficult economic conditions.
Lebanon
Due to the economic crisis that Lebanon is going through, many people have started using digital currencies as a means of preserving the value of their money.
Positives
The high percentage of young people who are always looking forward to new technology.
Some governments are interested in investing in financial technology.
The spread of smartphones and the expansion of e-commerce.
Challenges
The absence of clear laws in many countries to regulate digital currencies.
Lack of awareness of the risks that investors may face.
Technological infrastructure needs development in some countries.
Future expectations
As digital currencies continue to spread globally, Arab countries will also continue to record significant growth in this field, especially if laws are developed and governments begin to educate people more about this field. Egypt and Arab countries have become an important part of the global digital transformation, which will allow them to play a greater role in the future of the digital economy.
#RideTheKaiaWave $ETH $XRP $SOL