1) 𝐂𝐫𝐲𝐩𝐭𝐨 𝐚𝐜𝐭𝐢𝐯𝐢𝐭𝐲 𝐚𝐧𝐝 𝐮𝐬𝐚𝐠𝐞 𝐡𝐢𝐭 𝐚𝐥𝐥-𝐭𝐢𝐦𝐞 𝐡𝐢𝐠𝐡𝐬
There have never been more monthly active addresses at 220 million.
Monthly mobile wallet users also hit an all-time high in June of 27 million.
2) 𝐂𝐫𝐲𝐩𝐭𝐨 𝐡𝐚𝐬 𝐛𝐞𝐜𝐨𝐦𝐞 𝐚 𝐤𝐞𝐲 𝐩𝐨𝐥𝐢𝐭𝐢𝐜𝐚𝐥 𝐢𝐬𝐬𝐮𝐞 𝐚𝐡𝐞𝐚𝐝 𝐨𝐟 𝐭𝐡𝐞 𝐔.𝐒. 𝐞𝐥𝐞𝐜𝐭𝐢𝐨𝐧
Google search trends show rising interest in crypto in several swing states.
3) 𝐒𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧𝐬 𝐡𝐚𝐯𝐞 𝐟𝐨𝐮𝐧𝐝 𝐩𝐫𝐨𝐝𝐮𝐜𝐭-𝐦𝐚𝐫𝐤𝐞𝐭 𝐟𝐢𝐭
Stablecoins are one of crypto’s clearest “killer apps.”
They did more than double Visa’s transaction volume in Q2 2024.
4) 𝐌𝐚𝐣𝐨𝐫 𝐬𝐜𝐚𝐥𝐢𝐧𝐠 𝐮𝐩𝐠𝐫𝐚𝐝𝐞𝐬 𝐡𝐚𝐯𝐞 𝐝𝐫𝐚𝐬𝐭𝐢𝐜𝐚𝐥𝐥𝐲 𝐫𝐞𝐝𝐮𝐜𝐞𝐝 𝐨𝐧𝐜𝐡𝐚𝐢𝐧 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐜𝐨𝐬𝐭𝐬
In some cases they have dropped by *over 99%.*
Sending USDC on Coinbase’s Base costs less than a cent on average.
5) 𝐃𝐞𝐅𝐢 𝐫𝐞𝐦𝐚𝐢𝐧𝐬 𝐩𝐨𝐩𝐮𝐥𝐚𝐫 — 𝐚𝐧𝐝 𝐢𝐭’𝐬 𝐠𝐫𝐨𝐰𝐢𝐧𝐠
In the U.S., the number of banks has dropped by two-thirds since 1990 — and five big banks now control nearly half of all assets in the U.S.
6) 𝐂𝐫𝐲𝐩𝐭𝐨 𝐜𝐨𝐮𝐥𝐝 𝐬𝐨𝐥𝐯𝐞 𝐬𝐨𝐦𝐞 𝐨𝐟 𝐀𝐈’𝐬 𝐦𝐨𝐬𝐭 𝐩𝐫𝐞𝐬𝐬𝐢𝐧𝐠 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬
Blockchain networks could help to:
→ Verify the authenticity of media including deepfakes
→ Democratize access to compute for developers
→ Create transparent, user-owned services
→ Compensate users who contribute data to AI models
7) 𝐌𝐨𝐫𝐞 𝐬𝐜𝐚𝐥𝐚𝐛𝐥𝐞 𝐢𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐡𝐚𝐬 𝐮𝐧𝐥𝐨𝐜𝐤𝐞𝐝 𝐧𝐞𝐰 𝐨𝐧𝐜𝐡𝐚𝐢𝐧 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬
NFTs have shifted from speculation on high-volume secondary markets to low-cost social collecting experiences.
New opportunities are also opening across: DeSo, Gaming, DEPIN, + more.
What are your thoughts on the current state of Crypto?
Full report linked in the comments below.
