
Crypto on-chain activity surges as active users hit 70M, a16zcrypto reveals
Crypto on-chain activity surges as active users hit 70M, a16zcrypto reveals

A16zcrypto says active crypto users are now around 70 million, up 10 million from last year, showing more people are actually using crypto. And adoption is picking up everywhere, with wallets booming in emerging markets more than anywhere else.
Article Summary
**Cryptocurrency Adoption Soars as Active Users Reach 70 Million Milestone** Cryptocurrency adoption is experiencing unprecedented growth, with a16zcrypto reporting that active crypto users have surged to 70 million globally, marking a significant 10 million user increase from the previous year. This 16.7% year-over-year growth demonstrates accelerating mainstream blockchain adoption and signals robust market expansion beyond traditional cryptocurrency trading. The surge in on-chain activity reflects growing real-world utility for Bitcoin, Ethereum, and other digital assets, as users increasingly engage with decentralized finance (DeFi) protocols, NFT marketplaces, and Web3 applications. Emerging markets are driving this cryptocurrency revolution, with digital wallet adoption experiencing exponential growth in developing economies where traditional banking infrastructure remains limited. This milestone underscores the maturation of the crypto ecosystem, as retail and institutional investors recognize blockchain technology's transformative potential. The sustained user growth amid market volatility indicates genuine utility beyond speculative trading, positioning cryptocurrency for continued mainstream integration. As regulatory frameworks evolve and infrastructure improves, this upward trajectory in active users suggests the digital asset industry is transitioning from niche technology to essential financial infrastructure, potentially impacting future Bitcoin and altcoin valuations significantly.


![Humanity [H] Cryptocurrency Leaps to Record $0.39: Can This Momentum Last](https://crypto.snapi.dev/images/v1/y/e/4/gen35-514418-803220.jpg)




