⁠Analyst: Crypto sector would reach 1 billion users by 2025

More conservative estimates from Boston Consulting Group predict that the cryptocurrency sector will reach its first billion users in 2030

The cryptocurrency industry could reach its first billion users by the end of 2025, according to Bitcoin analyst Willy Woo.

Woo wrote in an X post on April 29:

“On track to reach 1 billion cryptocurrency users by the end of 2025. An extrapolation of many previous independent studies in this graph. Binance estimates that 65% of cryptocurrency users own Bitcoin.”

The Woo chart is the first comprehensive model that aims to map all existing cryptoasset users and predict the first billion users, according to Daniel Batten, investor and author of the Bitcoin ESG Forecast. Batten wrote in a reply from X to Woo:

“Amazing graphic. The first view we have had of when we will cross the 1 billion threshold, with full tracking.”