#CryptoUsersHit18M Here are some key trends among crypto users in 2024:
1. Increased Adoption Across Sectors
• Mainstream Acceptance: Cryptocurrencies are increasingly being adopted for payments by major companies and institutions.
• Central Bank Digital Currencies (CBDCs): Governments are exploring or launching CBDCs, creating awareness and onboarding new users into digital currencies.
2. Focus on Decentralized Finance (DeFi)
• Yield Farming & Staking: Many users participate in DeFi protocols to earn passive income.
• Layer-2 Scaling Solutions: Increased adoption of Layer-2 solutions like Optimism, Arbitrum, and zk-rollups is improving transaction speeds and lowering fees.
3. NFTs and Digital Ownership
• NFT Utility Expansion: Beyond art, NFTs are being used for gaming, real estate, ticketing, and identity verification.
• Gaming Integration: Blockchain-based games (play-to-earn or play-and-earn) attract a younger demographic to crypto.