Global crypto adoption grew by 13% through 2024: report

The global adoption of crypto increased by 13% in 2024, with an adoption of Bitcoin and Ethereum increasing by 13.1% and 13.6%, respectively.

According to the Cryptography market dimensioning By crypto.com, global adoption of crypto, measured by the ownership of cryptographic assets, increased by 13% in 2024 – from 583 million owners in January 2024 to 659 million by December.

Bitcoin (BTC) The property extended to the rate of 13.1%, reaching 337 million owners, which represents 51.2% of all global cryptography holders.

Ethereum (Ethn) increased by 13.6%, bringing the total number of ETH owners to 142 million, representing 21.7% of the world’s cryptography ownership.

A potential of 300,000 to 1.2 million additional people may have acquired an exposure to Bitcoin through American stock market funds, although these figures were not included in the direct property count.

Institutional interest and pro-Crypto policies introduced by US President Donald Trump in the elections were key factors in the adoption of Bitcoin. As for Ethereum, its growth has been largely driven by the Rallies of Ethereum Layer-2 networks After the Dencun upgrade as well as the launch of ETHEREUM SPOT ETF.

To put this increase in World Cryptography Adoption in perspective, a recent Blackrock study have shown that Crypto’s adoption rate was dropping the adoption of 43% mobile phones and internet adoption by 20%. According to BlackRock, it only took 12 years to adopt cryptography to reach 300 million users, while mobile phones have reached the same stage in 21 years and Internet did it in 15. Blackrock a Awarded this growth to demographic trends, in particular the growing opening of younger generations to Bitcoin compared to generation X and baby boomers.

While the crypto.com report focused on the distribution of Bitcoin and Ethereum property, December 2024 Report by the Blockchain TRM Labs Intelligence Company Analyzed adoption by country. The study followed cryptocurrency entries via exchanges, DEFI platforms and payment services, using chain transaction data and web traffic models. To take into account economic differences, the data has been adjusted according to GDP per capita, countries of classification by transaction volume adjusted on the chain.

India, IndonesiaNigeria, the United States and Vietnam emerged as the first five countries to the adoption of crypto in 2024. Kenya experienced the most important growth, climbing from 32nd place in 2023 to 17th in 2024, with its volume of annual cryptographic transaction of one year over the whole year over a year over the whole year over a year over the whole year year for the whole year year on all years on any year The year for the whole year year for year.