We have regularly updated our on-chain market sizing estimates to witness the world transition toward cryptocurrencies since the first edition of ‘Measuring Global Crypto Users’ in June 2020. In our latest report available for download below, an updated methodology combines on-chain data with blended parameters to estimate the number of global crypto owners.
We expect the number of global crypto owners to reach 1 billion by the end of 2022. The global crypto population has increased by +178% in 2021, rising from 106 million in January to 295 million in December.Crypto Market Sizing, January 2022
Crypto adoption was remarkable in the first half of 2021. Heavyweight institutions, such as Tesla and Mastercard, took steps to embrace cryptocurrency. In the second half of 2021, traction slowed, while maintaining adoption rates well above last year’s benchmark. In summary, crypto adoption continued to grow sustainably throughout 2021.
Download the full report here.