The rate of cryptocurrency adoption is growing at an exponential rate. As the market gets more mature, more and more users are jumping onto the crypto train and increasing the global rate of crypto ownership.
According to the latest report from Crypto.com, we are currently on track to reach 1 billion crypto users by the end of 2022.
Adoption grows despite the onset of a bear market
The growing push towards cryptocurrencies has been steadily increasing in the past few years. And while the retail market has always been the one driving this adoption, this year we’ve seen massive institutional efforts as well.
El Salvador’s groundbreaking Bitcoin law was a cherry on top of an entire year of companies and financial institutions jumping aboard the crypto train.
All of this has translated into a significant increase in the number of crypto users. According to data from Crypto.com, there were 295 million crypto users globally as of December 29th, 2021. And while this number is just an aggr
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