Crypto Users Triple in 2024: Which Chain Leads the Pack?
- Monthly crypto activity is at an all-time high.
- Monthly activity is not the same as unique crypto users.
- Doubts swirl about Solana‘s legitimacy.
The crypto industry’s ultimate goal is mass adoption, where blockchain becomes so accessible and desired that it seamlessly integrates into everyday life.
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In just a few years, crypto usage has surged, with blockchains and their diverse use cases drawing in more users. In 2024 alone, monthly active addresses have tripled compared to the end of last year.
Crypto Usage Skyrockets
The latest State of Crypto report from Andreessen Horowitz (a16z) highlighted a significant rise in crypto users, with monthly active addresses reaching an all-time high. Since the end of 2023, the number of addresses has tripled, signaling growing engagement across blockchain networks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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