Global Crypto User Base Hits 580M, Following 34% Increase in 2023 – Crypto.com Report
Crypto asset adoption is accelerating, with over half a billion people becoming users or owners in 2023, according to a Crypto.com report.
Making its disclosure in an 18-page report from its Research and Insights Team, the centralized Bitcoin exchange pointed out that 580 million people became digital asset users and owners in the past year.
This figure shows an increase of 34%, rising from 432 million people in January 2023 to 580 million by the end of the year.
Examining the specifics, the Crypto.com report highlights that Bitcoin and Ethereum were the most owned or used blockchain-based assets.
According to the Research and Insights Team, the number of Bitcoin owners grew 33%, from 222 million in January to 296 million people by December. This figure accounts for 51% of global Bitcoin owners.
Ethereum, on the other hand, experienced a more significant percentage increase, with 39% of crypto owners incorporating the smart contract-powered digital asset into their portfolio.
Ethereum owners rose from 89 million in the beginning of 2023 to 124 million by the close of the year, accounting for 21% of global owners.
https://t.co/vCNztATkNg’s Market Sizing Report for 2023 is out.
The industry grew 35% to 580M users in 2023, adding 150M new users.
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