The latest industry report from exchange Huobi titled “Global Crypto Industry Overview and Trends” reveals industry trends and statistics on everything. From NFT and metaverse tokens to centralized exchange (CEX) usage and regulation.
Despite the turmoil from major events such as the FTX meltdown, Terra explosion, and 3AC bankruptcy, the industry still had around 320 million crypto users worldwide last year.
1. NFT has become the most talked about crypto term in the world.
The report analyzed five of the top Google search terms related to the Web3 industry, including: “cryptocurrency,” “DeFi,” “GameFi,” “NFT,” and “BTC.” Among these, NFT searches are prevalent. to the world
“NFT can be well integrated with various industries such as sports, art, entertainment, cultural creation, etc.”
As for other search terms, “BTC,” “DeFi,” and “Cryptocurrency” were the most frequently searched in emerging markets. including in South America, South Africa and the Middle East.
2. The United States dominates the use of CEX and industrial development.
Another important finding relates to CEX activity, which reportedly declined steadily over the past year.
However, there are some countries with high CEX traffic, with the United States taking the top spot with nearly 10% of total CEX traffic, followed by South Korea (7.4%), Russia (6.1%), Turkey (5.6%) and Japan ( 3.8%)
The United States also has the largest total crypto population. It has more than 46 million users and is the first country to share DeFi traffic (31.8%), with more than half of U.S. crypto users aged 18-34.
3. Asia is the country that receives the most attention in NFTs.
According to the report, four out of the top five belong to Asian countries. The highest ranking for interest in NFTs from search was Mainland China is followed by Hong Kong, Singapore, Nigeria and Taiwan respectively.
4. GameFi and metaverse dominate investments
Both GameFi and the metaverse have been big winners in the industry in recent years. The report found that interest and investment in these two sectors was consistent.
Huobi’s report reveals that for the second year in a row, GameFi and Metaverse have combined overinvestments relative to categories such as instruments, trading and lending. In these two categories Investment increased from $874 million in 2021 to $2.4 billion in 2022.
DappRadar’s Q3 report revealed $1.3 billion in investments for the combined GameFi and metaverse projects during the quarter. And in the next six years, the GameFi industry is estimated to be worth $2.8 billion.
5. More than 100 regulations have been issued for the Crypto industry.
The report has also been prepared Since the beginning of this year, 105 “regulatory measures and recommendations” have been issued for the crypto industry from more than 42 countries. The research found that regulations from the United States, the European Union and South Korea were the strongest.
The US, in particular, has been in the spotlight in terms of crypto regulation, with a total of 22 federal and state regulatory laws covering everything from crypto transactions and regulatory advice. to court decisions and stablecoins