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Key Takeaways
- Global crypto owners increased by 39% in 2022, rising from 306 million in January to 425 million in December.
- Bitcoin (BTC) owners grew by 20% from 183 million in January to 219 million in December, accounting for 52% of global owners;
- Ethereum (ETH) owners grew by 263% from 24 million in January to 87 million in December, accounting for 20% of global owners.
- The main catalyst behind Ethereum’s high adoption growth rate was The Merge, which marked the completion of the network’s transition from a proof-of-work to proof-of-stake consensus algorithm. Interest from institutional investors and the popularity of ETH liquid staking also contributed to Ethereum’s adoption.
Read the full report: Crypto Market Sizing Report 2022
Authors
Crypto.com Research and Insights Team
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