
Global crypto owners reached 700 million in April; Crypto.com obtained the restricted dealer registration in Canada; Dubai Finance signed an MoU with Crypto.com to allow crypto payments for fees
Price and volume indices were up by +1.72% and +7.68%, respectively, while the volatility index was down by -32.82%.
ETH (+4.43%) and XRP (+4.11%) led the price increase. Chicago Mercantile Group (CME) is expected to launch XRP futures and Micro XRP futures on 19 May. Volatility drop was led by ETH (-51.86%) and APT (-47.30%), which coincided with a weekly adjustment after a spike in volatility the week before ( +112.90% for ETH and +62.65% for APT).
According to Crypto.com Research, the total number of global cryptocurrency owners reached 700 million in April, marking a 163% Compound Annual Growth Rate (CAGR) over the past five years.
The total number of global crypto owners was 65 million in May 2020, increasing by nearly 650 million since. The growth indicates a massive shift towards cryptocurrency adoption on a wider scale.
BTC and ETH increased by +1.2% and +4.4%, respectively, in the past seven days. Most other large-cap tokens saw a decline in price, which coincided with Fed Chair Powell’s remarks on higher longer term interest rates and Moody downgrading the US government’s credit rating.
All key categories decreased in market capitalisation in the past seven days, led by the Layer-2 category.
Token | Ticker | MC | 7D (%) | Category | Remarks |
---|---|---|---|---|---|
VeChain | VET | $2.4B | -9.5% | L1 | VeChainThor’s Galactica mainnet hard fork is estimated to take place on 1 July. The upgrade includes a dynamic fee market, typed transaction support, an Ethereum Virtual Machine (EVM) upgrade, and simplifying contract execution. |
Token | Ticker | MC | 7D (%) | Category | Remarks |
---|---|---|---|---|---|
Morpho | MORPHO | $418M | -1.0% | DeFi | Morpho is a decentralised lending protocol implemented for the EVM. It enables overcollateralised lending and borrowing of crypto assets in a permissionless way. MORPHO is the governance token, enabling holders to vote on protocol changes and improvements. |
Crypto.com / Cronos News
Adoption
Investment Vehicles
Regulations
Alpha Navigator: Quest for Alpha [April 2025] |
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