Crypto.com Predicts That Global Crypto Owners Will Reach 1 Billion By The End Of 2022

Let’s take a look at the crypto population in the second half of 2021.

Let’s take a look at the crypto population in the second half of 2021. According to Crypto.com, August was an outstanding month, with a crypto user growth rate of 15.2%, which contributed to Bitcoin’s excellent performance.

When the data is broken down into Bitcoin and Ethereum users, there are some noteworthy things to see. Bitcoin users increased by 37.5% from 128 million in July to 176 million in December, whereas Ethereum users increased by only 1.4% in the same period.

Bitcoin holders surged significantly in July and August, supported by the ‘The ₿ Word’ event and PayPal’s offering of crypto services in the United Kingdom. However, it fell in September as a result of restrictions on cryptocurrency trading in several countries.

The crypto wave can’t be stopped right now. Crypto.com shared in its research: “We expect developed nations to devise clear legal and taxation frameworks for crypto assets. In parallel, more nations facing a highly inflationary economy and depreciating currency may adopt cryptocurrency as legal tender, following the example of El Salvador.”

According to their research, there were 295 million crypto users worldwide as of 29 December 2021.

The number of cryptocurrency owners nearly tripled in 2021, from 106 million in January to 295 million in December. If the market is still at the pace of growth in 2022, Crypto.com predicts that it may have 1 billion crypto users by the end of 2022.

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