The global crypto user base has exceeded 18 million, signaling growing adoption.
Key drivers of growth:
Increased awareness through media and education.
Institutional interest and product innovation (e.g., Bitcoin ETFs).
Improved accessibility via user-friendly platforms.
Emerging trends:
Rapid adoption in emerging markets due to financial inclusion benefits.
Growth of DeFi, NFTs, and the metaverse attracting diverse users.
Use of crypto for low-cost, fast international remittances.
Challenges ahead:
Regulatory uncertainty and compliance issues.
Security concerns like hacking and scams.
Market volatility deterring cautious investors.
This milestone highlights blockchain’s transformative potential and sets the stage for continued growth toward mainstream integration.