Global adoption of digital assets continues to grow. By 2025, 8% of the world’s population could be using cryptocurrencies. The growing popularity of Bitcoin, institutional interest in digital assets, and economic instability are the main catalysts for accelerating mass adoption.
According to a report by MatrixPort, ~7.51% of the world’s population uses cryptocurrencies. Analysts predict that this number could exceed 8% by 2025. The data shows the growing interest in digital assets and the exit of cryptocurrencies from the niche market.
The report reveals that the main flagship and catalyst for market growth is Bitcoin, which experienced unprecedented growth over the past decade. Its market cap grew from $10 billion to $1.2 trillion since 2014, while the number of crypto users increased from 5 million to more than 560 million since 2016. Bitcoin continues to play an important role in the adjustment process, especially in the face of economic instability.
MatrixPort analysts argue that breaking the 8% barrier is a critical point for any new technology, after which it typically becomes much more valuable to new users. 2025 could be the starting point for the final establishment of cryptocurrency as an element of the global financial system.
An important factor contributing to the increase in the number of crypto users is the growing interest of institutional investors in the market. Large financial firms such as BlackRock and Grayscale played a key role in building confidence in digital assets and their integration into traditional financial systems. The launch of new crypto investment products, such as spot Bitcoin ETFs, is generating a new wave of interest from institutional investors.
The exact number of crypto users is quite difficult to count. According to Max Krupyshev, CEO of CryptoProcessing.com, it’s practically impossible to keep statistics of crypto users, since it’s pretty easy to create a crypto wallet and a user isn’t required to provide any personal info or register accounts, as happens in TradFi. Therefore, the number of crypto addresses is much higher than that of real users. So, Max believes the number of crypto users is only an approximation. However, the growth of this indicator shows that people are becoming more aware of the technology and consider digital assets not only in the context of investment but also as a means of payment.
Among the countries in terms of crypto adoption in 2024, India, Nigeria, and Indonesia are the leaders.
