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Crypto: +500 million people own it in 2024!

Tue 04 Jun 2024 ▪ 3 min of reading ▪ by Eddy S.
Getting informed Regulation Crypto

In 2024, the world of crypto reached a significant milestone, with a remarkable increase in the number of cryptocurrency owners worldwide. According to a recent report, the number of people owning cryptocurrencies has reached 562 million, a 34% increase compared to the previous year.

Crypto Répartition Mondiale

The Explosion of Crypto Growth Worldwide!

This growth is particularly notable among young adults aged 24 to 35, who represent 34% of crypto holders. This age group constitutes the largest segment among all age groups.

The leading countries in this phenomenon are the United Arab Emirates and Singapore, with ownership rates of 25.3% and 24.4%, respectively. Among the 30 countries with the highest ownership rates are emerging markets such as Turkey and Argentina, as well as smaller economies like Slovenia and Luxembourg. Asia maintains its leading position in crypto ownership, with an increase from 268.2 million to 326.8 million owners, followed by North America with 72.2 million.

Discover the global expansion of crypto in 2024, with key statistics and emerging adoption trends!
Global Distribution of Crypto 2024

The rapid growth of crypto ownership far surpasses that of traditional payment methods, with a compound annual growth rate (CAGR) of 99% between 2018 and 2023, compared to an average of 8% for traditional payment methods.

The Widespread Adoption of Cryptocurrencies!

This report highlights not only the increase in the number of cryptocurrency owners but also the diversification of their usage across various sectors. With its decentralized nature and the convenience of digital transactions, it is no surprise that crypto attracts the interest of an increasing segment of the global population.

For businesses, these trends present unprecedented opportunities. Adopting crypto as a payment option offers key benefits, including access to new markets and the ability to attract a young and tech-savvy clientele.

Finally, this report on the state of global crypto ownership in 2024 provides valuable insights into the rapid evolution of this space and the potential implications for businesses worldwide. It is clear that cryptocurrencies are no longer a fringe phenomenon but an increasingly integrated element in the global economy.

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Eddy S. avatar
Eddy S.

The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.