Crypto.com has published a report for the year 2022 titled “Crypto Market Sizing.” The report analyzes the total number of global crypto owners and predicts that, “in spite of macro headwinds,” crypto adoption in 2022 will achieve new milestones, with the number of crypto owners reaching 425 million. The overall number of crypto owners worldwide grew by 39% during the year, according to the report.
The report also highlights the number of Bitcoin and Ethereum owners. It states that bitcoin owners grew by 20% from 183 million in January to 219 million in December, accounting for 52% of global owners.
The strongest growth for bitcoin ownership in 2022 happened in April, when the Central African Republic became the second country to adopt the cryptocurrency as legal tender.
The report also explains that Ethereum owners grew by 263% from 24 million in January to 87 million in December, accounting for 20% of global owners.
The research team pointed out that Ethereum’s monthly growth rates were higher than that of Bitcoin’s during the whole year except in April, and the main catalyst behind Ethereum’s high adoption growth rate was The Merge.
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