Binance Research has announced that the number of global cryptocurrency users has exceeded 700 million. Despite catalysts such as ETF approvals, institutional participation, and stablecoin legislation driving growth, the growth rate remains unchanged. The research attributes this to user demand, awareness, and issues with crypto product architecture.
Binance Research identifies four structural barriers in the crypto industry: complexity for beginners, lack of returns on idle holdings, information silos preventing users from understanding purchase targets, and cognitive burdens from data interpretation. The report forecasts that by 2030, global crypto users could reach 3 billion, with potential penetration rate increases of 4-8% from yield layers, 4-13% from social layers, and 2-8% from AI layers.
Global Crypto Users Surpass 700 Million, Binance Research Reports
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