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In 2023, approximately 148 million individuals globally possessed cryptocurrencies, resulting in a 34% increase in the total user base to 580 million. Among them, 51% own Bitcoin (BTC), while 21% hold Ethereum (ETH).
As per the yearly report from Crypto.com, the count of crypto users surged by 34% in 2023. At the start of the year, around 432 million individuals had digital assets, and by year-end, this figure escalated to 580 million.
Furthermore, analysts discovered that over half of crypto users possess BTC. More than 74 million individuals acquired Bitcoin for the first time in 2023, boosting the global count of its holders by 33% to 296 million, which constitutes about 51% of the overall user base. Analysts identified several key factors contributing to BTC’s rising popularity, including:
- the advancement of spot Bitcoin ETFs;
- the adoption of the Ordinals protocol;
- significant interest from institutional investors.
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In the previous year, around 35 million individuals also opted to become ETH holders, elevating the global user count of the leading altcoin by 39% to 124 million. Overall, ETH is owned by approximately 21% of the total digital asset holders worldwide. Analysts link this increase in popularity to the execution of the Shanghai hard fork, which enabled users to withdraw staked ETH, thereby stimulating growth in liquid staking protocols.
The report indicates that 40.9% of crypto users possess both BTC and ETH, whereas 42% do not own either.
To conduct the market analysis, Crypto.com specialists employed a distinctive methodology that integrates on-chain data from various crypto projects along with data from 23 crypto exchanges.
Bitfinex analysts forecasted that the number of crypto users will reach 1 billion by 2024.
Сообщение Total Number of Crypto Users Exceeded Half Billion in 2023 появились сначала на CoinsPaid Media.
