A recent report by a16z reveals that the number of active cryptocurrency users has grown to between 40 million and 70 million, marking an increase of about 10 million from the previous year. The report highlights that monthly active on-chain addresses have reached approximately 181 million, with significant wallet usage growth in emerging markets such as Argentina, Colombia, India, and Nigeria. Additionally, Hyperliquiquit and Solana are responsible for about 53% of the current revenue-generating on-chain economic activity. Key industry trends for the year include institutional adoption, stablecoins, memes, NFTs, and AI.
a16z Report: Active Crypto Users Reach Up to 70 Million
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