Report: More People Using Crypto Despite Markets Facing Massive Storms

Although the crypto industry is going through some challenging and volatile times. But the number of users in the crypto industry has not diminished. Quite the opposite, as the data reveals that DeFi users have been increasing since 2017.

Between December 2017 and January 9, 2023, there was an increase in the number of addresses accessed by DeFi globally, according to research published by analytics platform Statista on January 9.

Based on month-end figures, the number of DeFi users at the end of December 2017 was only 189, while as of January 9, 2023, there were 6,686,500, an increase of 3,537,730% over five years.

In 2023, this number continues to increase, increasing by 0.54% – from 6,650,801 on Jan. 1 to Jan. 9, then gradually declining as the number of active DeFi users increases by 300,000 since early 2022. less than half over the same period in 2021.

There is an increasing use of crypto.

Global management consulting firm Boston Consulting Group (BCG) said in July 2022 that crypto usage is likely to increase further. from both retail and institutional investors Expected to reach one billion users by 2030.

According to the latest data, crypto usage has skyrocketed throughout 2022. Global crypto holders have grown 39% from 306 million in January to 425 million in December. The Forum (WEF) also pointed out that more people will be interested in investing in blockchain in 2023.

More and more crypto-related content is on Twitter (NYSE: TWTR), hitting an all-time high (ATH) in late 2021, according to the social network’s internal research. Published October 2022

source LINK

The post Report shows more people using crypto despite market turmoil appeared first on Bitcoin Addict.

source site