A new report estimates 617 million cryptocurrency owners and highlights the increased use of mobile wallets.
A16Z Crypto report marks a significant milestone for cryptocurrencies
According to a recent report by A16Z Crypto, the number of cryptocurrency owners globally has reached about 617 million, with 60 million monthly active users. This marks a remarkable increase in cryptocurrency adoption, highlighting a trend that shows no signs of slowing down.
Growing monthly activity
The report indicates that monthly active cryptocurrency addresses exceeded 220 million in 2024. This increase is particularly visible in the United States, where 12% of global users reside. The growth in active addresses is a clear sign of how cryptocurrencies are becoming an integral part of many people's daily lives.
Mobile wallets on the rise
Another interesting aspect of the report is the increase in the use of mobile wallets. These tools are gaining in popularity, making it easier for users to manage their cryptocurrencies on the go. The convenience and security offered by mobile wallets are contributing to this trend, making cryptocurrencies more accessible to a wider audience.
Ethereum and the Dencun upgrade
Ethereum's Dencun upgrade has had a positive impact on the value of ETH, particularly on Layer 2 solutions. This development has made Ethereum more scalable and attracted the attention of investors, contributing to increased confidence in the cryptocurrency market.
Key data and statistics
Here are some significant statistics from the report:
- 617 million cryptocurrency owners worldwide.
- 60 million monthly active users.
- 220 million monthly active addresses.
- Base leads EVM chains with 22 million addresses.
- Solana dominates the non-EVM chains with over 100 million addresses.
- Bitcoin ETFs have recorded a cumulative volume of $437.6 billion through October 15, 2024.
Conclusion
A16Z Crypto's report not only highlights the growth in cryptocurrency adoption, but also highlights the importance of mobile wallets and innovations such as Ethereum's Dencun upgrade. With a growing number of users and active addresses, the future of cryptocurrencies looks bright. How will this market evolve in the coming years? It will be interesting to see how new technologies and regulations will affect this growth.

